Tata Investment Corporation Ltd
Tata Investment Corporation Ltd Company History
Tata Investment Corporation only in investment activities as a Non-Banking Financial Company and does not have any goods, raw materials, and hazardous waste utilization as a part of its products and services.
1995
The Company issued 5,00,000-14% unsecured Non-Convertible Debentures of Rs 100 each to Citicorp Securities and InvestmentsLtd.
The name of the Company was changed to Tata Investment Corporation Ltd. with effect from 18th September.
1995
2000
Crisil has downgraded the FD program of Pearl Polymers Ltd to FA-from FA and has reaffirmed the CD and CP ratings of Eimco Elecon (India) Ltd at A+ and the FD program rating of the Company at FAAA
2000
2002
Mumbai High Court orders for the reallocation of a portion of securities premium account for adjusting future provisions in the value of investments.
2002
2003
Mr Bhaskar Laxman Pranjape, Director of the company expired on March 19th.
Dr F A Mehta ceases to be the Chairman of the company, continue as the Director on the Board.
2003
2004
The board of directors recommended a final dividend of 81 per cent in addition to an interim dividend of 20 per cent.
2004
2005
The Company has recommended the following:
1. A dividend @ Rs 12 per Ordinary Share (120%) for the year ended March 31, 2005.
2. Tata Investment Corporation has given the Bonus in the Ratio of 1:2
2005
2006
The Company has recommended a dividend of 120%.
2006
2007
The Company has recommended a dividend of 130% and a special dividend of 20% on completion of 70 years (total 150%)
2007
2008
The company has issued rights in the ratio of 1:5 at a premium of Rs 0/- Per Share.
2008
2009
The Company recommended a dividend of Rs 15 per ordinary share of Rs 10/- each (150%).
2009
2010
Tata Investment Corporation Ltd has appointed Mr. Zubin Dubash as an Additional Director of the Company with effect from March 17, 2010.
Registered Office of the Company has been shifted To Elphinstone Building 10, Veer Nariman Road, Mumbai 400 001.
2010
2012
Tata Investment acquires Simto Investment 95.57% share capital and simto investment becomes its subsidiary.
Mr. Manoj Kumar C. V. (General Manager) has been appointed as Company Secretary who will also be acting as Compliance Officer.
The Company has recommended a dividend of Rs. 21.00 (210%) per Ordinary share of Rs. 10.
2012
2013
The Company has recommended a Dividend of Rs. 16/- (160%) per Ordinary share of Rs. 10/- each.
The Company have acquired shares in about two dozen banks and NBFCs, such as ICICI Bank, SBI, HDFC Bank and Axis Bank through one of its group investment firms.
2013
2014
Mr. Manoj Kumar C V as the Chief Financial Officer & Company Secretary of the Company who will also be acting as the Compliance Officer.
The Company has recommended a Dividend of Rs.17 (170%) per Ordinary share of Rs. 10 each.
The Company has reappointed Mr. A. N. Dalal as Executive Director of the Company.
2014
