Rekha Jhunjhunwala Holds 1.58% Stake: Tata Group's Digital Infrastructure Provider to Power India’s GST Ecosystem with Digital Fabric of Solutions

Tata Communications has been awarded a strategic, multi-crore project by the Ministry of Finance to build and manage the digital infrastructure for the newly established Goods and Services Tax Appellate Tribunal (GSTAT). The initiative is part of the Government of India’s "Digital India" vision and strengthens Tata Communications’ role as a trusted partner for mission-critical national projects.

The GSTAT is a dedicated appellate body set up to resolve GST-related disputes, with its principal bench in New Delhi and 31 state benches across India. The initiative aims to simplify taxation, reduce legal challenges, and build investor confidence.

As per the agreement, Tata Communications will deliver a secure and scalable "digital fabric of solutions" for GSTAT operations. The infrastructure will include:

• Network Fabric: LAN, WAN, and SDWAN for seamless connectivity across all benches.

• Collaboration Tools: Video conferencing facilities.

• Cloud & IoT: Advanced cloud services and IoT capabilities.

• Security: A robust framework to protect sensitive data and ensure operational security.

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The integrated digital ecosystem is designed to automate tribunal operations, improve transparency, and enhance efficiency. It will also support advanced features such as predictive analytics and chatbots, helping to create a future-ready system for stakeholders.

Commenting on the development, Sumeet Walia, Executive Vice President and Chief Sales & Marketing Officer at Tata Communications, said, “We are honoured to partner with the Ministry of Finance to build the digital backbone for GSTAT, a reformative institution in India’s taxation landscape. This collaboration aligns with our purpose of driving digital progress and with the Government’s vision of Digital India.”

Tata Communications, part of the Tata Group, has a strong track record of executing large-scale national projects. The company currently works with 300 of the Fortune 500 companies and connects enterprises to 80 per cent of the world’s cloud giants across more than 190 countries.

About the Company

Tata Communications was incorporated on March 19, 1986 as VSNL. In February 2002, the Government of India, as per their disinvestments plan, sold 25% of their holding in the company to the strategic partner. Consequently, the company was taken over under the administrative control of TATA. It is the leading global digital ecosystem enabler. It has a leadership position in emerging markets, and an infrastructure that spans the globe. It delivers managed solutions to multinational companies and service providers. It partners with 300 of the Fortune 500 companies with their state-of the-art solutions, including a wide range of communication, collaboration, cloud, mobility, connected solutions, network and data center services.

The company has a market cap of over Rs 46,000 crore and has been maintaining a healthy dividend payout of 40.4 per cent. Rekha Jhunjhunwala owns a 1.58 per cent stake in the company as of June 2025. The stock is up by 26 per cent from its 52-week low and has given multibagger returns of over 99.09 per cent in the last 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.