General Announcement::Allotment of 23260 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
22-Feb-2023 22:09:38
Status
New
Announcement Sub Title
Allotment of 23260 Ordinary Shares of 2 each issued under the Tata Motors Limited ESOP Scheme 2018
Announcement Reference
SG230222OTHRZW73
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
22/02/2023 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 23,260 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 664,31,19,635 divided into 332,13,21,065 Ordinary Shares of Rs 2 each to Rs 664,31,66,155 divided into 332,13,44,325 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.

Attachments

ESOPNSEBSE.pdf
Total size =300K