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Tata Teleservices (Maharashtra) Limited ( (IN:TTML) ) has issued an announcement.
Tata Teleservices (Maharashtra) Limited has updated the status of its ongoing litigation concerning a demand notice for a One-Time Spectrum Charge by the Department of Telecommunications. The Bombay High Court had previously granted interim protection, allowing the company to withdraw its petition and approach the Telecom Disputes Settlement and Appellate Tribunal (TDSAT). Recently, TDSAT adjourned the matter indefinitely, pending a decision from the Supreme Court on a similar case, which could significantly impact the company’s financial obligations and strategic operations.
More about Tata Teleservices (Maharashtra) Limited
Tata Teleservices (Maharashtra) Limited operates in the telecommunications industry, providing a range of services including voice, data, and other telecommunication solutions primarily in the Maharashtra and Mumbai regions.
YTD Price Performance: -28.12%
Average Trading Volume: 491,993
Current Market Cap: 108.9B INR
For a thorough assessment of TTML stock, go to TipRanks’ Stock Analysis page.