Tata Investment Corporation has announced the sub-division of its existing equity shares and is urging shareholders to dematerialize their holdings. Each share with a face value of ₹10 will be split into 10 shares with a face value of ₹1 each. The company requests shareholders holding physical shares to convert them into demat form by October 9, 2025, to receive the new shares electronically.
Equity Share Sub-Division
Tata Investment Corporation has implemented a sub-division of its equity shares. Existing shares with a face value of ₹10 each have been sub-divided into 10 equity shares with a face value of ₹1 each. This decision, approved by the Board on August 4, 2025, aims to enhance liquidity and accessibility for investors.
Dematerialization Request
The company is requesting shareholders holding shares in physical form to dematerialize their holdings to receive the new shares electronically. To facilitate this, shareholders are advised to submit their demat account details, along with a self-attested copy of their Client Master List (CML), to MUFG Intime India Private Limited by October 9, 2025.
Suspense Escrow Demat Account
Shareholders who do not dematerialize their shares or provide the necessary demat account details by October 9, 2025, will have their sub-divided shares credited to a Suspense Escrow Demat Account. These shareholders will be shown as beneficiaries in this account, and a separate procedure for claiming the shares from this account will be communicated post-allotment.
Mandatory KYC Compliance
Shareholders are reminded of the importance of complying with Know Your Customer (KYC) norms. It is mandatory to register PAN, KYC details, and Nomination with the Registrar and Transfer Agent (RTA). Service requests or complaints may not be processed until these details are registered. Shareholders can download the required forms from the RTA’s website.
Source: BSE
