Tata Investment Corporation Limited Company Profile: Products,Promoters and Clients

Tata Investment Corporation Limited Company Description:

Tata Investment Corporation Limited (TICL), originally The Investment Corporation of India Limited, established in 1937 and promoted by Tata Sons Pvt Ltd., is a prominent non-banking financial company (NBFC) registered with the Reserve Bank of India. TICL specializes in long-term investments, focusing on equity shares, debt instruments, and equity-related securities across a diverse portfolio of industries. Initially fostering small and medium-sized entrepreneurs, TICL evolved into a publicly held investment company in 1959 and has since played a pivotal role in promoting new ventures and projects in collaboration with Indian and foreign partners. As a subsidiary of Tata Sons Pvt Ltd. since 2008, TICL maintains a robust dividend track record and holds CRISIL's highest safety rating of 'AAA'. Managed by a seasoned Board led by Mr. Noel Tata as Chairman, TICL continues to expand organically and through mergers, enhancing its portfolio which as of March 2022, boasts a market value of approximately Rs. 20,700 crores across 87 companies.

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Q1. What are the Product and service offerings of the company?

Tata Investment Corporation Limited (TICL), operating as a non-banking financial company (NBFC), specializes in investment services. It primarily invests in long-term assets such as equity shares, debt instruments (both listed and unlisted), and equity-related securities across diverse industries. TICL manages a strategic portfolio aimed at optimizing returns through dividends, interest income, and profits from the sale of investments. As a registered NBFC under RBI regulations, TICL also offers financial services aligned with its investment activities, focusing on prudent portfolio management to maximize shareholder value and financial stability.

Q2. Who are the Promoters/Management of the company?

Mr. N. N. Tata, Chairman, holds degrees from Sussex University, UK, and IEP (INSEAD), with extensive expertise in marketing, administration, and investments. He currently chairs Trent Ltd. and Trent Hypermarket Ltd., and serves as Chairman of Tata International Ltd. and Voltas Ltd. He also holds directorships in leading companies such as Titan Company Ltd. and Tata Steel Ltd. Prior to his current roles, he gained valuable experience at Nestle, UK.

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Mr. F. N. Subedar, Vice Chairman, brings extensive expertise in company administration, finance, taxation, and accounts. With over 36 years of association with the Tata Group, he has served on the boards of various Tata companies and held significant roles including Chief Operating Officer, Chief Financial Officer, and Company Secretary at Tata Sons. Mr. Subedar is a former President of the Bombay Chamber of Commerce and Industry, holding a Bachelor's degree in Commerce and memberships in The Institute of Chartered Accountants of India and The Institute of Company Secretaries of India.

Mr. Amit Dalal, Executive Director, holds an MBA from the University of Massachusetts, USA. He serves as Executive Director of Tata Investment Corporation Ltd. and holds directorships in several companies, alongside his involvement with charitable institutions.

Q3. Who are the Clients of the company?

Tata Investment Corporation Limited is a Holding company.

Written By:Khush Kothari

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