Employee Stock Option/ Share Scheme::Allotment of 193,236 Ordinary Shares of Rs.2 each

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
Employee Stock Option/ Share Scheme
Date &Time of Broadcast
14-Apr-2022 20:13:22
Status
New
Announcement Sub Title
Allotment of 193,236 Ordinary Shares of Rs.2 each
Announcement Reference
SG220414OTHRLRFQ
Submitted By (Co./ Ind. Name)
Tata Motors Limited
Designation
Senior Manager
Effective Date and Time of the event
14/04/2022 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 BSE Limited vide letter dated October 11, 2018 and National Stock Exchange of India Limited vide letter dated November 29, 2018.

In this context we wish to inform you that the Allotment Committee of the Company has, today, approved allotment of 193,236 Ordinary Shares of the face value of Rs. 2 each under the Scheme to the eligible employees pursuant to exercise of stock options 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. 6,64,18,01,519 divided into 3,32,06,62,007 Ordinary Shares of Rs. 2 each to Rs. 6,64,21,87,991 divided into 3,32,08,55,243 Ordinary Shares of Rs. 2 each (considering the 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.

We request the exchanges to take the aforesaid disclosure in their records.

Attachments

Reg30intimation.pdf
Total size =180K