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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes:ttttttt  ntttttttt  n1 The Standalone Unaudited Financial Results have been prepared in accordance with the Companies (Indian   Accounting Standards ) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.  n  n2 The Company is a Non Banking Financial Company and has no activities other than those of an investment company. Accordingly there are no separate reporting segments as in Ind AS 108 Operating Segment.  n  n3 The Company has adopted Ind AS 116 Leases effective 1st July, 2019, and has applied the same to its existing leases using modified retrospective method. Accordingly, previous period information has not been restated and is not comparable to that extent.  ntttttttt  n4. The Company has chosen to exercise the option of lower tax rate of 25.17% (inclusive of surcharge and cess) under section 115BAA of the Income Tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance 2019. This has resulted in reversal of deferred tax on account of remeasurement of deferred tax liability as at 31st March 2019. The full impact of this change has been recognised in tax expense for the quarter and nine months ended 31st December, 2019.  ntttttttt  n5. Previous periods' figures have been regrouped / recomputed, wherever necessary.   ntttttttt  n6. The above results prepared and presented in pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have been reviewed by the Audit  Committee in its meeting held on 11th February, 2020 and were approved by the Board of Directors in its meeting held on that date. The statutory auditors of the Company have carried out the limited review of the aforesaid results.  ntttttttt  ntttttt Tata Investment Corporation Limited  ntttttttt  ntttttttt  ntttttttt  ntttttttt  ntttttt               ( Noel N. Tata )  ntttttt                   Chairman  nMumbai, 11th February, 2020tt                           Din No. 00024713</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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