Tata sons’ promoter-- Mr. N. Chandrasekaran, Executive Chairman of Tata Sons has acquired 10,000 equity shares of Tata Investment Corporation at an average price of Rs 698.36 (excluding brokerage and STT) per share on March 16, 2020.
Tata Investment Corporation was formed to work as an Investment Corporation for investments in land acquisition of stocks, debentures etc. in India or elsewhere and for business of underwriting of new leave space business and also for taking over the management and control of companies.