General Announcement::Increase in investment in Freight Commerce Solutions Private Limited (Freight Tiger)
Issuer & Securities
Issuer/ Manager
TATA MOTORS LIMITED
Securities
TATA MOTORUS$300M5.875%N250520 - XS2079668609 - FGLB
TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
01-Oct-2025 13:25:22
Status
New
Announcement Sub Title
Increase in investment in Freight Commerce Solutions Private Limited (Freight Tiger)
Announcement Reference
SG251001OTHRJ2LA
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
01/10/2025 17:00:00
Description (Please provide a detailed description of the event in the box below)
Increase in investment in Freight Commerce Solutions Private Limited (Freight Tiger)
We would like to inform that Tata Motors Limited ( the Company ) has today entered into an agreement and accordingly made an investment of 120 crore through subscription of Series C Compulsorily Convertible Preference Shares ( Series C CCPS ) in Freight Commerce Solutions Private Limited ( Freight Tiger ), an Associate of the Company. Further, the Company has also acquired 49,500 equity shares in Freight Tiger through a secondary purchase from existing shareholders for an aggregate consideration of 14 crore.
Post completion of the aforesaid transactions, the Company is expected to hold 42%-46% stake in Freight Tiger on a fully diluted basis upon conversion of Series C CCPS.
Details of this transaction are being enclosed herewith.
Attachments
NSEBSEFREIGHTTIGER.pdf
Total size =875K
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