New York (NYSE) & Mumbai (NSE & BSE) June 7th 2013 – Tata Communications Limited (the “Company”) (NYSE: TCL) confirms that the delisting of its American Depositary Shares (“ADSs”), as evidenced by American Depositary Receipts (“ADRs”), from the New York Stock Exchange will become effective at the close of business today. This follows the filing by the Company of a Form 25 with the Securities and Exchange Commission on May 28th, 2013.
As a consequence of the delisting becoming effective, termination of the Deposit Agreement under which the ADRs were issued (the “Deposit Agreement”) will become effective on July 14th, 2013. On and after this date, the Bank of New York Mellon, as depositary (the “Depositary”) may (i) discontinue the registration of transfers of ADRs, (ii) suspend distribution of dividends, (iii) give no further notices, and (iv) subject to certain limited exceptions, cease performing any acts under the Deposit Agreement.
