General Announcement::Transfer for the IPO of equity shares of face value of INR 2 each of TTL, a subsidiary of TML
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
29-Nov-2023 13:39:53
Status
New
Announcement Sub Title
Transfer for the IPO of equity shares of face value of INR 2 each of TTL, a subsidiary of TML
Announcement Reference
SG231129OTHRWDN2
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
29/11/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
We wish to inform you that the Company has been informed by Tata Technologies Limited, that on November 28, 2023, it has approved transfer of 60,850,278 Equity Shares to various investors who successfully subscribed in the IPO, of which 46,275,000 Equity Shares were offered for sale by the Company, 9,716,853 Equity Shares were offered for sale by Alpha TC Holdings Pte. Ltd. and 4,858,425 Equity Shares were offered for sale by Tata Capital Growth Fund I.
As a result of the above, the Company s shareholding in Tata Technologies Limited stands reduced from 64.79% to 53.39% (i.e., from 262,844,816 to 216,569,816 Equity Shares), of the issued and paid-up Equity Share capital of Tata Technologies Limited.
Attachments
NSEBSELETTERFINAL.pdf
Total size =331K
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