Sunday, August 3, 2025

Stock Split: Tata Group company to consider division of shares on August 4

Date:

Tata Investment Corporation Ltd., a listed Tata Group entity, will be considering a stock split during its board meeting on Monday, August 4, it said in an exchange filing.Tata Investment shares currently carry a face value of ₹10 each, which means that this will be the first instance of the company carrying out a stock split.

The Tata Group company has become the third company in recent times to announce a stock split consideration, after MCX and Adani Power

both of which will be considering the proposal on Friday, August 1.
Tata Investment has not issued bonus shares to its shareholders either in the past.However, the Tata Group enterprise has regularly paid dividends to its shareholders, having paid ₹27 per share, ₹28 per share and ₹48 per share in 2025, 2024 and 2023 respectively.

Record date for the stock split has not yet been announced.

Shares of Tata Investment ended little changed on Wednesday at ₹6,730. The stock has remained flat so far in 2025.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Relaxo Footwears Q1 net profit, margins expand; revenue slides

New Delhi-based footwear maker Relaxo Footwear Ltd on Wednesday,...

Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell

के तहत खरीदने के लिए स्टॉक ₹200: जैसा...

US can’t dictate India’s defence buys, says former Defence Secretary on Trump’s penalty threat

US President Donald Trump has warned of a "penalty"...