TCS Incorporates New Subsidiary in Bhutan for IT Services
Filing Summary
Tata Consultancy Services Ltd (TCS) has announced the incorporation of a new wholly owned subsidiary, TATA CONSULTANCY SERVICES BT Private Limited, in Bhutan. The subsidiary was established on December 16, 2025, under the holding company Tata Consultancy Services Asia Pacific Pte. Ltd. The new entity will focus on expanding TCS’s business presence in Southeast Asia, particularly in the Information Technology and IT-enabled Services sector. The initial capital subscription for the subsidiary is set at 90 million Ngultrum, with TCS holding 100% ownership.
Tata Consultancy Services Ltd (TCS) has incorporated a new wholly owned subsidiary named TATA CONSULTANCY SERVICES BT Private Limited in Bhutan. This development was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The incorporation took place on December 16, 2025, and the new entity is a step-down subsidiary under Tata Consultancy Services Asia Pacific Pte. Ltd.
The primary objective of establishing TATA CONSULTANCY SERVICES BT Private Limited is to expand TCS’s business operations in Southeast Asia. The subsidiary will operate within the Information Technology and IT-enabled Services sector. The initial capital subscription for this entity is 90 million Ngultrum, and it is fully owned by TCS, with a 100% shareholding.
No governmental or regulatory approvals were required for the incorporation of the subsidiary. The nature of the consideration for the incorporation involved an initial capital subscription in cash. The new subsidiary aims to address the growing demand for digital transformation in Bhutan and will focus on fostering local talent by offering employment and training opportunities.
The establishment of this subsidiary aligns with TCS’s strategy to enhance its presence in the Southeast Asian market. The company aims to provide high-quality IT solutions and foster technological innovation in the region.
Tata Consultancy Services Ltd is a global leader in IT services, consulting, and business solutions. The company focuses on delivering innovative and high-quality services to its clients worldwide. TCS continues to expand its global footprint and enhance its service offerings to meet the evolving needs of its clients.