Last day to buy Tata Investment shares ahead of stock split record date
[hfe_template id='11223']
[ad_1]
Investors eyeing Tata Investment Corporation’s upcoming stock split have just one session left to make the cut. Those who hold the stock by the end of trading on Monday will be eligible for the stock split, with the company setting Tuesday, October 14, as the record date. The company has fixed Tuesday as the record date to determine shareholders eligible for the stock split in the ratio of 1:10. Under the split, each existing equity share of face value Rs 10 will be subdivided into 10 equity shares of face value Re 1 each, fully paid up. Stock gains ahead of record date Shares of Tata Investment Corporation rose 3.15% on Monday to close at Rs 9,300.65, giving the company a market capitalization of Rs 47,056.91 crore. The gain comes as investors positioned themselves ahead of the record date announcement. The stock is up nearly 36% so far in 2025. A stock split increases the number of shares in circulation while reducing their face value, ...