Tata Investment Corporation Limited has informed the Exchange regarding Notice of Postal Ballot
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Tata Investment Corporation Limited has sent a Postal Ballot Notice to shareholders to approve a sub-division (stock split) of its equity shares. Under the proposal, each existing equity share with a face value of Rs. 10 will be split into 10 equity shares with a face value of Re. 1 each. The total share capital value will remain unchanged, only the number of shares and face value per share will adjust. The authorised capital of Rs. 60 crore will be reclassified into 60 crore shares of Re. 1 each. The board says the split is intended to improve liquidity and make shares more affordable for retail investors. Remote e-voting runs from August 23, 2025 to September 21, 2025, with the cut-off date set as August 14, 2025.
If approved, each shareholder will hold 10 times more shares, but the total value of their holding stays the same. The share price is expected to adjust downward proportionally after the split, which may improve affordability and trading liquidity for retail investors.