Tata Investment Corporation has announced a dividend of Rs. 3.40 per Equity Share of Re. 1 each (340%) for the financial year ended March 31, 2026. The recommendation was made by the Board of Directors at its meeting held on April 21, 2026, and remains subject to approval by shareholders at the company's ensuing Annual General Meeting (AGM). The company has also communicated the applicable Tax Deduction at Source (TDS) provisions to shareholders in accordance with the Income-tax Act, 2025, effective from April 1, 2026.

Key Dates for Dividend Payment

Shareholders should take note of the following important dates associated with the dividend announcement and payment process:

TDS Provisions for Resident Shareholders

Pursuant to the Income-tax Act, 2025, the company is required to deduct tax at source on dividend payments. For resident shareholders, TDS is applicable under Section 393(1) Table: Sl. No. 7 of the Act at the rate of 10% on the dividend amount, provided shareholders have registered a valid Permanent Account Number (PAN). In cases where shareholders do not have a PAN, hold an invalid PAN, or have a PAN not linked with Aadhaar, TDS will be deducted at 20% under Section 397(2) of the Act.

No tax will be deducted on dividends payable to resident individuals if:

• The total dividend to be received during Tax Year 2026-27 does not exceed Rs. 10,000 as per Section 393(4) Table Sl. No. 10; or
• The shareholder submits Form 121 (applicable to resident individuals, including those above 60 years of age), subject to all eligibility conditions being met; or
• An exemption certificate has been issued by the Income-tax Department.

For resident non-individual shareholders—including insurance companies, mutual funds, Alternative Investment Funds (AIFs), National Pension System (NPS) Trusts, and other non-individual shareholders—no TDS will be deducted upon submission of relevant self-declarations and supporting documents as specified in Annexure 2. Shareholders holding shares under multiple accounts with a single PAN should note that the higher applicable tax rate will be considered across their entire holding.

TDS Provisions for Non-Resident Shareholders

For non-resident shareholders, withholding tax is applicable at 20% (plus applicable surcharge and cess) under Section 393(2) of the Act. Non-resident shareholders may opt to be governed by the provisions of the applicable Double Tax Avoidance Agreement (DTAA) under Section 159 of the Act, if more beneficial. To avail DTAA benefits, non-resident shareholders are required to submit the following documents:

• Self-attested copy of PAN card allotted by Indian Income Tax authorities
• Self-attested copy of Tax Residency Certificate (TRC) for Tax Year 2026-27 or Calendar Year 2026, valid as on the record date
• Self-declaration in Form 41 for Tax Year 2026-27, executed in electronic mode from the Income Tax portal
• Self-declaration for meeting treaty eligibility and beneficial ownership requirements (Tax Year 2026-27)
• Copy of SEBI registration certificate (applicable to Foreign Institutional Investors and Foreign Portfolio Investors)
• For shareholders tax resident in Singapore, a letter from the competent authority or evidence demonstrating non-applicability of Article 24 – Limitation of Relief under the India-Singapore DTAA

Submission of Tax Documents and KYC Update

All tax-related documents must be emailed to Dividend@tatainvestment.com on or before Friday, June 5, 2026. The company has clarified that any communication received after this date will not be considered for determining the applicable TDS or withholding tax rate. Shareholders are also reminded that, as per SEBI Master Circular dated May 7, 2024, read with the Circular dated June 10, 2024, it is mandatory for shareholders holding shares in physical form to update their PAN, contact details, bank account details, and specimen signature. Folios that are KYC non-compliant will be eligible to receive dividend payments only through electronic mode upon completion of the required updation with the Registrar and Transfer Agent (RTA).

The company has noted that if tax is deducted at a higher rate due to non-submission of required documents, shareholders retain the option to file a return of income and claim a refund, if eligible. Tax credit details can be viewed in Form 168 on the TRACES portal or the Income Tax e-filing website.

Tata Investment Corporation Limited announced its audited standalone and consolidated financial results for FY26 and Q4 FY26 following a Board meeting held on April 21, 2026. The company, classified as a Systemically Important Non-Banking Financial Company (NBFC) in the middle layer by the Reserve Bank of India, reported robust growth in profitability for both the fiscal year and the fourth quarter. On April 23, 2026, the company submitted the newspaper publication of quarterly and annual results to BSE and NSE under Regulation 30 of SEBI regulations.

Financial Performance Overview

The company delivered strong financial performance across key metrics for FY26 and Q4 FY26:

On a standalone basis, profit after tax reached Rs 350.16 crore for FY26, while consolidated profit after tax stood at Rs 433.68 crore. For Q4 FY26, standalone net profit was Rs 52.08 crore compared to Rs 35.20 crore in Q4 FY25, while consolidated net profit was Rs 63.83 crore versus Rs 37.72 crore in the corresponding quarter of the previous year.

Quarterly Performance Comparison

The fourth quarter showed significant improvement compared to the same period in the previous year:

Dividend Recommendation and Corporate Actions

The Board of Directors recommended a dividend of Rs 3.40 per ordinary share of Re. 1 each, representing 340%. This dividend will be paid after the Annual General Meeting, subject to shareholder approval. The recommendation follows the company's share sub-division that took effect on October 14, 2025, where shares of face value Rs 10 each were split into 10 shares of Re. 1 each.

Balance Sheet Strength

As of March 31, 2026, the company maintained a strong balance sheet position with total equity of Rs 28,834.49 crore on a standalone basis. Total equity per share stood at Rs 569.90. The company's investment-focused business model is reflected in its asset composition, with investments constituting the largest component of assets.

Regulatory Compliance and Audit Opinion

Joint statutory auditors M/s. CNK & Associates LLP and M/s. Chokshi & Chokshi LLP issued an unmodified audit opinion on both standalone and consolidated financial results. The auditors confirmed that the financial statements give a true and fair view in conformity with Indian Accounting Standards and were prepared in accordance with Section 143(10) of the Companies Act, 2013. The full financial results are available on the company's website at www.tatainvestment.com and on stock exchange websites.