TCS faces SAR 47,917 penalty over Saudi social insurance issue

Tata Consultancy Services (TCS) announced on October 17, 2025, that it has received a notice from the General Organization for Social Insurance in Saudi Arabia. The notice pertains to a social insurance contribution registration issue and includes a levied penalty of SAR 47,917.18. This disclosure was made in accordance with SEBI regulations.

The communication, received by the company secretary on October 16, 2025, specifies that the action involves a penalty related to social insurance contribution registration. TCS has confirmed that the notice concerns the company's social insurance contribution registration.

Despite the penalty, Tata Consultancy Services stated that it does not foresee any material impact on its financial, operational, or other activities. The company's announcement to both the National Stock Exchange of India and BSE Limited reassures stakeholders that the matter is not expected to significantly affect its operations.