General Announcement::Allotment of 30,831 Ordinary Shares of 2 each issued under the Tata Motors Limited 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
10-Jan-2023 21:26:50
Status
New
Announcement Sub Title
Allotment of 30,831 Ordinary Shares of 2 each issued under the Tata Motors Limited ESOP Scheme 2018
Announcement Reference
SG230110OTHRJ1SQ
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
10/01/2023 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 30,831 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 345 per share.
Consequent to the aforesaid allotment, the paid-up Ordinary share capital of the Company stands increased from 664,30,57,973 divided into 332,12,90,234 Ordinary Shares of Rs 2 each to 664,31,19,635 divided into 332,13,21,065 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

1. Reg 30- Intimation for allotment of ESOP 2018.pdf
Total size =257K