Tata Investment Corporation (TIC), a non-banking financial company (NBFC), has hiked its stake in Tata Elxsi, a technology company of the Tata Group, to 2.04% through open market transactions.
With this transaction, TIC now holds 6.34 lakh shares, representing 2.04% stake in Tata Elxsi. Prior to that, the former held 1.50% stake in Tata Elxsi.