General Announcement::Allotment of 2,62,936 Ordinary Shares as ESOPs

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
13-Jul-2022 20:26:53
Status
New
Announcement Sub Title
Allotment of 2,62,936 Ordinary Shares as ESOPs
Announcement Reference
SG220713OTHRX6V0
Submitted By (Co./ Ind. Name)
Tata Motors
Designation
Senior Manager
Effective Date and Time of the event
13/07/2022 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 2,62,936 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 Rs.6 . 642,302,121 divided into 3,32,09,12,308 Ordinary Shares of Rs.2 each to Rs.6,64,28 ,27, 993 divided into 3,32,11,75,244 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.

We request the exchanges to take the aforesaid disclosure in their records.

Attachments

esopsletter.pdf
Total size =191K