Tata Communications Appoints Siddhartha Mundra as Chief Financial Officer

Tata Communications has announced the appointment of Siddhartha Mundra as Chief Financial Officer, marking a significant leadership transition for the global communications technology company. The Board of Directors approved the appointment on February 10, 2026, following recommendations from both the Nomination and Remuneration Committee and the Audit Committee. Appointment Timeline and Transition The leadership transition follows a structured timeline designed to ensure smooth operations: Parameter: Details CFO-Designate Start Date: February 23, 2026 Full CFO Role Commencement: May 1, 2026 Current CFO Departure: Kabir Ahmed Shakir ceases role April 30, 2026 Board Meeting Date: February 10, 2026 Meeting Duration: 19:30 hours IST to 19:55 hours IST Professional Background and Experience Siddhartha Mundra brings extensive leadership experience spanning over 22 years across multiple domains including corporate finance, strategy, business operations, private equity and technology. His career trajectory demonstrates progressive leadership roles within India's largest business conglomerates, including experience in listed companies. Currently, Mundra serves as Vice President and is part of the Group CFO & Group Strategy Office at Tata Sons, a position he has held since December 2020. His previous executive experience includes: Chief Executive Officer at Shankara Building Products Limited (2017-2020) Director at Fairwinds Private Equity, Mumbai (2008-2017) Associate Vice President at ICICI Venture, Mumbai (2005-2008) Software Engineer at Cisco Systems, Bengaluru (career start) Educational Qualifications Mundra's academic credentials include a PGDM from IIM Ahmedabad and a B.Tech in Computer Science from NIT Warangal, where he graduated with a Gold Medal, demonstrating academic excellence in technology and management disciplines. Leadership Perspectives A.S. Lakshminarayanan, Managing Director & CEO of Tata Communications, emphasized the strategic value of the appointment: "Siddhartha's extensive expertise and experience combined with his strong leadership record, makes him a tremendous addition to Tata Communications leadership as we continue to drive transformation and create long-term value for all our stakeholders." Mundra expressed his commitment to the role, stating: "I am honored to join Tata Communications and look forward to working with the leadership to accelerate our strategic ambitions, further strengthen our financial foundation and contribute to the Company's continued growth." Regulatory Compliance The appointment was announced in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company confirmed no relationships exist between directors in connection with this appointment. Tata Communications has announced the resignation of Kabir Ahmed Shakir from his position as Chief Financial Officer. This leadership change marks a significant development in the telecommunications company's executive management structure. Leadership Transition The company confirmed that Shakir, who served as CFO, has stepped down from his role. This resignation represents a key change in Tata Communications' financial leadership team. Company Impact The departure of the Chief Financial Officer position represents an important transition for Tata Communications as the company navigates its ongoing business operations and strategic initiatives in the telecommunications sector. The resignation adds to the broader context of executive movements within the telecommunications industry, as companies continue to evolve their leadership structures to meet changing market demands. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.