Tata Investment Corporation Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 01, 2025. Further, the company has submitted the Exchange a copy of Scrutinizers report along with voting results.
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Tata Investment Corporation held its 88th AGM on July 1, 2025, via video conferencing, with all 7 resolutions passed with the required majority. Shareholders approved the audited standalone and consolidated financial statements for FY25, and declared a dividend of Rs. 27 per share on equity shares of Rs. 10 face value. Noel N. Tata (Chairman) was re-appointed as a director retiring by rotation with 99.74% support, while Rajiv Dube was re-appointed as Independent Director (special resolution) with 99.66% support. M/s. CNK & Associates LLP was appointed as Joint Statutory Auditor and Parikh & Associates as Secretarial Auditor. Of the 1,59,335 total shareholders on record date, 75.91% of outstanding shares voted, with promoter group voting 100% in favour across all resolutions. The auditor's report contained no qualifications or adverse remarks.
Shareholders have confirmed a Rs. 27 per share dividend, providing a clear income signal. Strong, near-unanimous approval (all resolutions above 99.66%) reflects broad shareholder confidence in the board and management, with no governance red flags. Continuity in leadership (Noel Tata, Rajiv Dube) and new auditor appointments are routine but reinforce stable governance for the stock.