Tata Investment Corporation Limited (TICL) shares rallied over 11 percent to hit its record high of ₹9063.25 apiece on Wednesday, September 24. This comes after an 11.8 percent surge in the previous session.
The stock rallied after the company secured shareholder approval for its previously announced stock split. The firm has approved the subdivision of each fully paid-up equity share of face value ₹10 into 10 fully paid-up equity shares of ₹1 each. The company has set Tuesday, October 14, 2025, as the record date for this corporate action.
“…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 for subdivision of existing 1 (one) equity share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 10 (ten) equity shares of face value of Re. 1/- (Rupee One Only) each fully paid up,” Tata Investment Corporation said in a regulatory filing post market hours on September 22.
