Exhibit 99.1
TDCX Inc. Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Remaining Outstanding Class A
Ordinary Shares of the Company
Singapore, January 3, 2024 TDCX Inc. (TDCX or the Company)
(NYSE: TDCX), today announced that its board of directors (the Board) has received a preliminary non-binding proposal letter (the Proposal Letter), dated January 2, 2024, from
Mr. Laurent Junique, Founder, Executive Chairman, Director, CEO, and ultimate beneficial owner of the Company (the Founder), to acquire all of the outstanding ordinary shares of the Company (the Ordinary Shares),
including the Class A ordinary shares represented by the American Depositary Shares of the Company (the ADSs, each representing one Class A ordinary share) that are not already held by the Founder for a proposed purchase price
of US$6.60 per Ordinary Share or ADS in cash (the Proposed Transaction). A copy of the Proposal Letter is attached hereto as Exhibit A.
The
Company has formed a special committee of the Board, comprised solely of independent and disinterested directors, to consider the Proposal Letter and the Proposed Transaction and make recommendation to the Board. The Board expects that the special
committee will retain independent legal and financial advisors to assist in the review of the Proposed Transaction. The Company cautions that the Board has just received the Proposal Letter and has not made any decisions with respect to the Proposal
Letter and the Proposed Transaction. There can be no assurance that the Founder will make any definitive offer to the Company, that any definitive agreement relating to the Proposal Letter will be entered into between the Company and the Founder, or
that the Proposed Transaction or any other similar transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable
law.
About TDCX Inc.
Singapore-headquartered TDCX
provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.
TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence and its global footprint. It serves clients in
fintech, gaming, technology, travel and hospitality, digital advertising and social media, streaming and e-commerce. TDCXs expertise and strong footprint in Asia has made it a trusted partner for
clients, particularly high-growth, new economy companies, looking to tap the regions growth potential.
TDCXs commitment to delivering
positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities and the environment.
TDCX employs more than 17,800 employees across 30 campuses globally, specifically in Brazil, Colombia, Hong Kong, India, Indonesia, Japan, Malaysia, Mainland
China, Philippines, Romania, Singapore, South Korea, Spain, Thailand, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.