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The Company was incorporated as ‘Primal Investments & Finance Limited’ as a public limited company under the Companies Act 1956 pursuant to the certificate of incorporation dated March 8 1991 issued by the Additional Registrar of Companies Maharashtra at Bombay and commenced its operations pursuant to a certificate for commencement of business dated April 1 1991 issued by the Additional Registrar of Companies Maharashtra at Bombay. Subsequently the name of the Company was changed to ‘Tata Capital Limited’ for the purposes of brand visibility and a fresh certificate of incorporation consequent to name change dated May 8 2007 was issued by the RoC. Further pursuant to the schemes of amalgamation between (i) the Company and the erstwhile wholly owned subsidiaries namely TICL and ICML becoming effective from May 16 2016 and (ii) the Company the erstwhile wholly owned subsidiary namely TCFSL and the erstwhile subsidiary namely TCCL becoming effective from January 1 2024 these subsidiaries were merged with the Company. Separately pursuant to a scheme of arrangement between the Company and the wholly owned subsidiary namely TCFSL becoming effective from March 27 2012 the Company transferred its NBFC business to TCFSL. Furthermore pursuant to a scheme of arrangement between the Company and TMFL becoming effective from May 8 2025 with appointed date being April 1 2024 the business of TMFL has been transferred to the Company. The RBI has granted a certificate of registration dated August 2 2024 to the Company for operating as NBFC - investment and credit company to carry on the business of a non-banking financial institution without accepting public deposits.Major events and milestones of the Company :2007- The Company’s name was changed from ‘Primal Investments & Finance Limited’ to ‘Tata Capital Limited’2008- Forayed into the home loan business through incorporation of the Material Subsidiary TCHFL2009- Launched the private equity business2010- Incorporation of the erstwhile wholly owned subsidiary TCFSL to house the NBFC business2012- The Company reorganized as a core investment company and transferred its NBFC business to TCFSL2013- Launched cleantech finance business under TCCL2017- The Company crossed the Rs.50000 crores mark in terms of its loan book size2018- The Company was accredited with credit rating CRISIL AAA/Stable assigned to its non-convertible debentures upgraded from CRISIL AA+/Stable2022- The Company crossed the Rs.100000 crores mark in terms of its loan book size2024- TCFSL and TCCL merged into the Company and the Company surrendered its core investment company license and procured license as NBFC-ND-SI from RBI- S&P Global Ratings issued 'BBB-' long-term and ‘A-3’ short-term issuer credit ratings to the Company2025- TMFL merged into the Company pursuant to the TMFL Scheme of Arrangement- The Company crossed the Rs.200000 crores mark in terms of its loan book size- S&P Global Ratings upgraded the Company’s issuer credit rating to ‘BBB/Stable/A-2’ from ‘BBB-/Positive/A-3’Awards accreditations and accolades received by the Company :2025- Recognized as one of the ‘Best BFSI Brands - 2025’ by ET Edge- Recipient of the ‘Best Innovations in Digital Customer Experience’ and ‘Best Gen AI Innovator in Digital Lending’ at the Bharat BFSI Leadership Summit & Awards 2025- Awarded 'Organisation of the Year in Clean Energy Financing' at the Green Finance Excellence Awards 2025- Presented with the ‘Best Practices “Green Switch and JalAadhar”’ at the Ethics and TAAP Summit 20252024- Secured the ‘Global Sustainability Award’ in the ‘Platinum Category’ at the EEF’s 14th Annual Global Sustainability Awards 2024- Recognized as ‘Great Place to Work for 2024’ by Great Place to Work- Winner of the ‘Best Innovation in Digital Lending’ at 6th edition of ETBFSI Exceller Awards 2024- Recipient of the ‘Gold category’ award at the 9th Business World People HR Excellence Summit and Awards 2024- Tata Capital Growth Fund awarded ‘MidMarket PE Investor of the Year 2024’ by Venture Intelligence-Awards for Private Equity Excellence- Awarded the ‘Clean Energy Financing Award: Other Financing Channels’ at the 4th Green Urja & Energy Efficiency Awards 20242023- Recipient of the ‘Outstanding Financial Institution for Green Financing’ award at the Indian Green Energy Awards- Winner of the ‘Golden Peacock Award for Risk Management’ at the Golden Peacock Awards- Recipient of the ‘Digital Servicing for Customer Experience Enhancement (Retail Mobile App & Website)’ and ‘Digital Loan Against Securities (Shares/Mutual Funds)’ award at the CII Digital Transformation Awards 2023- Winner in the category of ‘Best Product/Service Innovation’ at the ASSOCHAM 18th Annual Summit & Awards 2023 on Banking & Financial Sector Lending Companies- Winner of the ‘Best NBFC in Innovation’ award at the BT - Best Banks & NBFCs Awards 2022-2023- Recipient of the ‘Asset Finance Company of the Year’ award at the 2nd Annual NBFC and Fintech Excellence Awards2023.- Winner of the ‘Masters of Risk – NBFC’ in the large cap sector at the CNBC-TV 18 India Risk Management Awards- Recipient of the ‘Best Investment Management NBFC of the Year’; ‘Most Innovative Product of the Year’ and ‘Best CX Company of the Year’ awards at the Bharat Insurance & Fintech Awards2023.
Name | Position |
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Mr. Saurabh Agrawal | Chairman & Non-Exe.Director |
Mr. Rajiv Sabharwal | Managing Director & CEO |