The company invests in a diversified portfolio of quoted and unquoted securities of companies, including Tata companies, which are engaged in various businesses with a history of strong operating and financial performance.
Tata Investment Corporation Limited was promoted by Tata Sons Ltd., in 1937, under the name The Investment Corporation of India Limited. The Company remained a closely held company till 1959, when it became one of the few publicly held investment companies listed on the Stock Exchange, Mumbai. During the 1960s and 1970s the Company’s activities underwent a gradual transformation from assisting in the establishment of new ventures, to acting as an investment company with a diversified portfolio of investments.
The Company became a subsidiary of Tata Sons Ltd. in February, 2008. Tata Sons, together with other Tata companies, holds approximately 72.98% of the paid-up capital of Tata Investment Corporation Limited. as on 31th March, 2018.
Financial Highlights FY18
|No.||Label||2017-18 (Rs crore)|
|3||Operating Cash Flow||67|
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