Tata Investment Corporation Shares rose 12% to Hit 52-Week High: Reasons for Today’s Rise
Shares of Tata Investment Corporation Limited (TICL) rose 11.5% to a 52-week high of ₹8,125 per share on Tuesday, September 23. The company has received shareholder approval for the stock split, or subdivision of shares, it had previously announced.
The investment company has approved splitting each fully paid-up equity share of ₹10 face value into 10 fully paid-up equity shares of ₹1 face value each. The company has set the "record date" for this corporate action as Tuesday, October 14, 2025.
Tata Investment Corporation said in a regulatory filing after market hours on September 22, "...we wish to inform you that the Company has fixed Tuesday, October 14, 2025, as the 'Record Date' for the purpose of determining the eligibility of shareholders to split their existing 1 (one) equity...