Sub: Clarification / Confirmation on news item appearing in "Media / Publication"
This has reference to your e-mail and the letter NSE/CM/Surveillance/12618 dated 19th December, 2022 seeking clarification on the news item appearing in "Media / Publication"
Website-www.economictimes.comdated December 19,2022 captioned "Tata in final talks to buy majority stake in UTI AMC from PSU fin cos".
In this regard, we would like to clarify that Tata Investment Corporation Limited ('the Company') is not aware of any information on the aforementioned news item and hence unable to comment on the same.
We are cognizant of our disclosure obligations under the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), and as and when matters arise that require disclosure, the Company will fully comply with its obligations under the SEBI Listing Regulations and make appropriate disclosures.
There is no material impact of this news article on the Company.
Tata Investment Corporation Ltd. published this content on 20 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2022 07:16:08 UTC.
Tata Investment Corporation Limited is an India-based non-banking financial company. The Company is primarily involved in investing in long-term investments, such as equity shares and equity-related securities. The Companyâs activities primarily comprise of investing in listed and unlisted equity shares, debt instruments and mutual funds, and other of companies in a range of industries. The Company is subsidiary of Tata Sons Private Limited. Its primary sources of income consist of dividends, interest and gains on sale of long term of investments. It invests in various sectors, such as automobiles and auto components, banks, cement, chemicals and fertilizers, engineering, construction and infrastructure, fast moving consumer goods and consumer durables, healthcare, information technology, Internet and software services, metals and mining, oil and natural resources, power generation and transmission, real estate, retail, telecommunications, transportation and logistics, and other.
TATA INVESTMENT CORPORATION LIMITED 
