Tata Investment Corporation Limited has informed the Exchange regarding 'Intimation of credit confirmation of shares from Depositories with regard to sub-division / split of equity shares of the Company'.
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Tata Investment Corporation Limited has informed the exchange that shares have been credited to investors' demat accounts following the sub-division (stock split) of its equity shares. This intimation confirms that the stock split process has been completed at the depository level. Investors should now see their shareholding reflecting the new post-split quantity in their accounts.
Shareholders will see an increased number of shares in their demat accounts (with a proportionally reduced share price), improving liquidity and affordability of the stock. This is a procedural update confirming execution of the previously announced split, not a new corporate action.