General Announcement::Allotment of Ordinary Shares and Warrants to Tata Sons Private Limited

Issuer & Securities

Issuer/ Manager
TATA MOTORS LIMITED
Securities
TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
TATA MOTORUS$250M5.75%N241030 - XS1121908211 - 19SB
TATA MOTORUS$300M5.875%N250520 - XS2079668609 - FGLB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
05-Dec-2019 20:39:44
Status
New
Announcement Sub Title
Allotment of Ordinary Shares and Warrants to Tata Sons Private Limited
Announcement Reference
SG191205OTHRV271
Submitted By (Co./ Ind. Name)
Hoshang Sethna
Designation
Company Secretary
Effective Date and Time of the event
05/12/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Allotment of Ordinary Shares of the face value of Rs.2 each (the Ordinary Shares ) and Convertible Warrants ( Warrants ) by Tata Motors Limited (the Company ) to Tata Sons Private Limited under the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Sections 42 and 62 of the Companies Act, 2013, including the rules made thereunder (the Preferential Allotment )

This has reference to our filings dated October 18, 2019, October 25, 2019 and November 22, 2019 respectively with respect to issuance of Ordinary Shares and Warrants to the Promoter of the Company, i.e. Tata Sons Private Limited, on a preferential basis.

In accordance with Regulation 30 read with Schedule III of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure) Regulations, 2015, we hereby inform you that the Allotment Committee authorized by the Board of Directors of the Company has at their Meeting held today, approved allotment of 20,16,23,407 Ordinary Shares at a price of Rs.150 each and 23,13,33,871 Warrants, each Warrant carrying a right to subscribe to one Ordinary Share per Warrant, at a Warrant price of Rs.150 per warrant, on preferential basis to Tata Sons Private Limited.

Pursuant to allotment of the Ordinary Shares, the paid-up share capital of the Company stands increased from 67,91,702,130 to 71,94,948,944.

The meeting of the Allotment Committee of the Board of Directors commenced at 5 p.m. and concluded at 5.10 p.m.

This is for your information and records.

Attachments

Allotment.pdf
Total size =274K