General Announcement::Allotment Ordinary Shares issued under the Tata Motors Limited Employees Stock Option Scheme 2018

Issuer & Securities

Issuer/ Manager
TATA MOTORS LIMITED
Securities
TATA MOTORUS$300M5.875%N250520 - XS2079668609 - FGLB
TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
TATA MOTORUS$250M5.75%N241030 - XS1121908211 - 19SB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Dec-2021 23:51:30
Status
New
Announcement Sub Title
Allotment Ordinary Shares issued under the Tata Motors Limited Employees Stock Option Scheme 2018
Announcement Reference
SG211206OTHRNJ01
Submitted By (Co./ Ind. Name)
Tata Motors Limited
Designation
Senior Manager
Effective Date and Time of the event
06/12/2021 17:00:00
Description (Please provide a detailed description of the event in the box below)
We invite your kind attention to the series of correspondences in connection with the captioned Scheme and the In-principle approval granted by the BSE Limited vide its letter dated October 11, 2018 and National Stock Exchange of India Limited vide its letter dated November 29, 2018 for this purpose. In this context, we wish to inform you that the Allotment Committee of Tata Motors Limited ( TML / the Company ) has today, i.e., on December 6, 2021 approved allotment of 244,500 Ordinary Shares of the face value of Rs. 2 each under the Scheme to the eligible employees of the Company pursuant to exercise of stock options by them at an exercise price of Rs. 345 per share.

Consequent to the aforesaid allotment, the paid-up Ordinary Share Capital of the Company stands increased from Rs. 6,641,093,035 divided into 3,320,307,765 Ordinary Shares of Rs. 2 each to Rs. 6,641,582,035 dividend into 3,320,552,265 shares of Rs. 2 each (considering amount of subscribed share capital plus shares forfeited less calls in arrears). The aforesaid Ordinary Shares shall rank pari passu in all aspects with the existing Ordinary Shares of the Company.

The Meeting commenced at 7:00 p.m. and concluded at 8.10 p.m.

We request you to take the aforesaid disclosure on records.

Attachments

Reg30.pdf
Total size =223K