General Announcement::Allotment Ordinary Shares

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
15-Jul-2024 23:35:48
Status
New
Announcement Sub Title
Allotment Ordinary Shares
Announcement Reference
SG240715OTHRBQ4X
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
15/07/2024 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 Schemes and In-principle approval granted by BSE Limited vide it s letters dated October 11, 2018 & September 27, 2021 and National Stock Exchange of India Limited vide it s letters dated November 29, 2018 & September 24, 2021 for TML ESOP Scheme 2018 and TML SLTI Scheme 2021, respectively.
In this context we wish to inform you that the Allotment Committee of the Company has, today i.e., July 15, 2024, approved:
i. Allotment of 6,22,407 Ordinary Shares of the face value of 2 each under the TML ESOP Scheme 2018 to the eligible employees pursuant to exercise of stock options at an exercise price of 345 per share.
ii. Allotment of 57,209 Ordinary Shares of the face value of 2 each under the TML SLTI Scheme 2021 to the eligible employees pursuant to exercise of performance share units at an exercise price of 2 per share.
Consequent to the aforesaid allotments, the paid-up Ordinary share capital of the Company stands increased from 6,64,84,35,329 divided into 3,32,39,78,912 Ordinary Shares of 2 each to 6,64,97,94,561 divided into 3,32,46,58,528 Ordinary Shares of 2 each (considering the amount of subscribed share capital plus shares forfeited less calls in arrears).

Attachments

NSEBSELETTER.pdf
Total size =247K