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Tata Investment Corporation Announces Record Date For 1:10 Stock Split, Shares Rally 12%
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Tata Investment Corporation Ltd shares jumped 12 percent after announcing a 1:10 stock split set for October 14, 2025.
Tata Investment announces first ever stock spilt in the ratio of 1:10.
Tata Investment Corporation Stock Split: Tata Investment Corporation Ltd shares rallied 12 per cent on Tuesday, September 23, after the company informed that it has fixed Tuesday, October 14, 2025, as the record date for the stock split in the ratio of 1:10. The Board of Directors of the Company, inter-alia, approved the sub-division of equity shares of the Company on August 04, 2025.
The shares will split in the ratio of 1:10, meaning subdivision of existing 1 (one) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 10 (ten) Equity Shares of face value of Re. 1/- (Rupee One Only) each fully paid up.
Tata Investment Corporation Ltd (TICL) had reported an 11.6% year-on-year rise in consolidated net profit for the quarter ended June 30, 2025, aided by higher dividend income.
The company’s consolidated profit after tax (PAT) came in at Rs 146.3 crore, compared with Rs 131.07 crore in the same quarter of the previous fiscal, TICL said in a filing with the stock exchanges.
Revenue from operations stood at Rs 145.46 crore during the April–June period, slightly higher than Rs 142.46 crore a year earlier. A large part of this came from dividend income, which increased to Rs 89.16 crore in the quarter, up from Rs 84.08 crore in the corresponding period last year.
On the expenditure side, total expenses edged up marginally to Rs 12.15 crore from Rs 11.77 crore in the year-ago quarter.
TICL is registered as a systemically important non-banking financial company (NBFC) and is classified as a middle-layer NBFC by the Reserve Bank of India.
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Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
September 23, 2025, 18:28 IST
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Following the recent surge in petrol and diesel prices, the government has announced another increase in the price of kerosene, further adding to the financial burden on consumers.
According to an official notification, the price of kerosene has been increased by Rs 34.8 per liter. With this latest adjustment, the new price of kerosene has reached Rs 467.48 per liter.
The notification states that the revised price has come into effect from today. Prior to this increase, kerosene was being sold at Rs 433.40 per liter.
The continued rise in fuel prices, including kerosene, is expected to significantly impact low-income households, particularly in rural areas where kerosene is widely used for cooking and lighting.
Many readers have experienced the ordeal of cancelling a subscription.
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The order does not affect generic medicines, the most commonly used in the US.
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