General Announcement::Allotment of 487,368 Ordinary Shares of 2 each issued under the TML ESOP 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
28-Mar-2024 12:43:28
Status
New
Announcement Sub Title
Allotment of 487,368 Ordinary Shares of 2 each issued under the TML ESOP Scheme 2018
Announcement Reference
SG240328OTHRCRDF
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
28/03/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
We wish to inform you that the Allotment Committee of the Company has, today, approved allotment of 487,368 Ordinary Shares of the face value of 2 each under the Scheme to the eligible employees pursuant to exercise of stock options at an exercise price of 345 per share.
Consequent to the aforesaid allotment, the paid-up Ordinary share capital of the Company stands increased from 6,64,69,80,771 divided into 3,32,32,51,633 Ordinary Shares of 2 each to 6,647,955,507 divided into 3,32,37,39,001 Ordinary Shares of 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.

Attachments

nsebseletter.pdf
Total size =310K