Tata Investment : Resignation

Dear Sir/Madam,

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform the exchange that Ms. Vedika Bhandarkar (DIN 00033808), vide her letter dated 15th March, 2022 has tendered her resignation as Non-Executive- Independent Director of the Company with effect from the close of business hours of 15th March, 2022. The Board of Directors of the Company noted her communication and appreciates the services rendered by her during her tenure.

The resignation letter with reason as indicated is enclosed as Annexure A. Ms. Vedika Bhandarkar in her letter has also confirmed that there are no other material reasons for her resignation other than those mentioned in the resignation letter.

The requisite disclosure as required as per the requirement of Regulation 30 read with Schedule III, Para A, Clause (7B) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given as

Annexure B

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

TATA INVESTMENT CORPORATION LIMITED

(MANOJ KUMAR C V) CHIEF FINANCIAL OFFICER & COMPANY SECRETARY

INVESTMENT CORPORATION LIMITED

Elphinstone Building 10 Veer Nariman Road Mumbai 400 001 Tel 91 22 6665 8282 Fax 91 22 6665 7917 e-mail ticl@tata .com website www.tatainvestment.com CIN L67200MH1937PLC002622

ANNEXURE A

March 15, 2022

Mr. Noel Tata

Chairman

Tata Investment Corporation Limited

Registered Office: Elphinstone Building

10, Veer Nariman Road

Mumbai 400 001

Dear Mr. Tata,

Over the past few months, I have been trying to juggle increasing professional commitments with my added responsibilities at Water.org and the requirements of various Board positions.

Considering these increased commitments, it will be difficult for me to attend and participate in the Board and Committee meetings of Tata Investment Corporation Limited (TICL).

Hence, I would like to resign from the TICL Board with immediate effect, i.e., as on the date of this letter. Please take this on record.

I also confirm that there are no material reasons other than what is stated above for my resigning from the Board.

It has been my pleasure to be on the Board of TICL and I wish the company the very best.

With warm regards,

Yours sincerely,

Vedika Bhandarkar

ANNEXURE B

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

Names of the listed entities in which Ms. Vedika Bhandarkar holds Directorships, indicating the category of Directorship and Membership of Board Committees.

INVESTMENT CORPORATION LIMITED

Elphinstone Building 10 Veer Nariman Road Mumbai 400 001 Tel 91 22 6665 8282 Fax 91 22 6665 7917 e-mail ticl@tata .com website www.tatainvestment.com CIN L67200MH1937PLC002622