Noel Tata Retires as Tata Investment Chairman; Bahram Vakil Appointed

Mr. Noel N. Tata will retire as Chairman and Director of Tata Investment Corporation Ltd. effective November 11, 2026, adhering to Tata Group Governance Guidelines. He has served the company for 22 years, including as Chairman since June 24, 2010. In recognition of his contributions, he will be appointed Chairman Emeritus from November 12, 2026. Concurrently, Mr. Bahram Vakil has been appointed as the new Chairman, and Mr. Abizer Shabbir Diwanji has been appointed as an Additional (Non-Executive Independent) Director for a five-year term, subject to shareholder approval.