General Announcement::Tata Motors signs Definitive Agreement to acquire 27% stake in Freight Tiger

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
20-Oct-2023 20:52:51
Status
New
Announcement Sub Title
Tata Motors signs Definitive Agreement to acquire 27% stake in Freight Tiger
Announcement Reference
SG231020OTHRFW69
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
20/10/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
Tata Motors signs Definitive Agreement to acquire 27% stake in Freight Tiger

We would like to clarify that Tata Motors Limited ( the Company ) has today entered into agreements to acquire 26.79% stake in Freight Commerce Solutions Private Limited through investments in Equity shares and Compulsory Convertible Preference Shares of Freight Commerce Solutions Private Limited. Enclosed is the detailed press release for the same.

Attachments