$TCS

TCS DENIES REPORT ON RBC CANADA MANDATE LOSS ❌📰 • 🏦 TCS issued a clarification regarding a media report titled “TCS loses part of RBC Canada technology mandate, 150 members to be rebadged” • ❌ Company stated the article is “completely false and inaccurate” • ⚠️ TCS said the claims are devoid of facts and appear to be based on unverified and speculative sources • 📢 Management clarified that it had already informed the publication that there was no truth to the allegations before the article was published • 🤝 TCS reiterated that it has a long-standing partnership with Royal Bank of Canada (RBC) and continues to value the relationship • 🔒 Company emphasized that the report relied solely on unnamed sources 🟢 Impact: Positive (TCS has officially denied concerns regarding loss of a major client mandate, helping alleviate uncertainty around business continuity with RBC.)