On Monday, Tata Investment Corporation announced its first-ever stock split, approving a 1:10 subdivision of shares along with its financial results for the quarter ending June 2025. The board sanctioned splitting one equity share of Rs 10 face value into ten fully paid shares of Re 1 each. This move aims to boost liquidity and make shares more affordable for retail investors.
The stock split is subject to shareholder approval via postal ballot and necessary regulatory clearances.
In an official filing, Tata Investment Corporation explained that the split is intended to enhance affordability and encourage wider retail ownership, while also improving market liquidity. The company will announce the record date for the split once all approvals are secured.
According to Trendlyne, this is Tata Investment Corporation’s first stock split, though it previously issued bonus shares in a 1:2 ratio back in 2005.
Regarding its Q1FY26 performance, the company reported an 11.6% year-on-year increase in consolidated profit after tax, reaching Rs 146.30 crore compared to Rs 131.07 crore the previous year. Revenue from operations rose by 2.1% to Rs 145.46 crore. Following the results, the company’s shares gained 3.8%, trading at Rs 7,033.60 on the BSE.
