Tata Investment Corporation Limited has informed the Exchange about Retirement of Vice-Chairman Mr. Farokh Subedar (DIN: 00028428), on attaining the age of 70 years, as Non-Independent - Non-Executive Director of the Company in line with Tata Governance Guidelines adopted by the Company, with effect from the close of business hours on September 24, 2025. The Board of Directors and the Management place on record their deep appreciation for the guidance and contributions of Mr. Subedar during his tenure of more than 20 years on the Board.