Business
Tata Investment Corporation Announces Record Date For 1:10 Stock Split, Shares Rally 12%
Last Updated:
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.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
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
Read More