Tata Investment Corporation Limited has informed the stock exchanges about a significant change in its management structure. In a formal communication dated January 2, 2025, the company announced the retirement of Mr. Shatayu Mehta, who served as the General Manager – Investments. His retirement took effect from the close of business hours on December 31, 2024.

This change comes in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates the timely disclosure of key management changes. The company's notification follows Regulation 30 and Schedule III of the SEBI Listing Regulations, ensuring transparency and adherence to governance norms.

While the retirement marks the end of Mr. Mehta’s tenure at Tata Investment Corporation, the company has provided the necessary details as required under the SEBI Circular dated July 13, 2023 (SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123). The details about the cessation include:

• Name of the individual: Mr. Shatayu Mehta
• Reason for the change: Cessation due to retirement
• Date of cessation: December 31, 2024 (close of business hours)
• Brief profile and other disclosures: Not applicable

Tata Investment Corporation has also confirmed that there are no further disclosures of relationships between directors or any other information as per the latest SEBI regulations for this particular management change.

This announcement is part of the company's ongoing commitment to maintaining corporate governance and complying with all relevant SEBI regulations, ensuring transparency and upholding the interests of investors.

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