The board meeting was originally convened to approve the company’s unaudited standalone and consolidated financial results for the quarter ended June 30. However, in continuation of its earlier intimation dated July 28, the company has now added the stock split proposal to the meeting’s agenda.
If approved, the move could enhance stock liquidity and make the shares more accessible to a broader set of retail investors, a common rationale behind stock splits. The company has not yet disclosed the ratio or terms of the proposed split.
As per the disclosure, the board’s decision will be subject to approval of shareholders as well as any statutory or regulatory nods required under applicable laws.
About Tata Investment Corporation
Tata Investment Corp is a non-banking financial company (NBFC) and part of the Tata Group. Unlike typical NBFCs, the company does not engage in lending or deposit-taking.
Instead, it functions primarily as an investment holding company, with a diversified portfolio of long-term investments in listed and unlisted equity shares, debt instruments, and mutual funds across industries.
The company, incorporated in 1937, has often been viewed as a gateway for retail investors seeking indirect exposure to the Tata Group’s wide range of businesses. Its portfolio includes stakes in several Tata companies, as well as other leading Indian corporates.
