General Announcement::Re-Intimation under Regulation 30 of SEBI Listing Regulations, 2015-Scheme of Merger and Arrangement
Issuer & Securities
Issuer/ Manager
TATA MOTORS LIMITED
Securities
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
30-Mar-2017 23:25:39
Status
New
Announcement Sub Title
Re-Intimation under Regulation 30 of SEBI Listing Regulations, 2015-Scheme of Merger and Arrangement
Announcement Reference
SG170330OTHR371D
Submitted By (Co./ Ind. Name)
Hoshang Sethna
Designation
Company Secretary
Effective Date and Time of the event
30/03/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Tata Motors Limited ( the Company ) at its meeting held today, have considered and approved a scheme of merger and arrangement under Sections 230 to 232 of the Companies Act, 2013 ("Scheme ), subject to the approvals as required, between the Company and TML Drivelines Limited ( TMLDL ), a wholly owned subsidiary of the Company primarily engaged in the business of manufacturing Axles, Gearboxes and other parts for the Company s commercial vehicles
The Scheme is subject to necessary statutory and regulatory approvals including the approval of the National Company Law Tribunal.
Enclosed as per Annexure A is the information required to be disclosed pursuant to Regulation 30 of SEBI LODR read with Securities and Exchange Board of India Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.
We request you to take the same on record.
Attachments
Letter-BSE-NSE-Merger-TMLDL-TML.pdf
Total size =1390K
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