General Announcement::Board Meeting Intimation for Right Issue Terms & Buy-back of NCDs

Issuer & Securities

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

Announcement Title: General Announcement
Date &Time of Broadcast: 20-Mar-2015 23:10:55
Status: New
Announcement Sub Title: Board Meeting Intimation for Right Issue Terms & Buy-back of NCDs
Announcement Reference: SG150320OTHRZTUE
Submitted By (Co./ Ind. Name): Hoshang Sethna
Designation: Company Secretary
Effective Date and Time of the event: 20/03/2015 17:00:00
Description (Please provide a detailed description of the event in the box below): Board Meeting Intimation for Right Issue Terms & Buy-back of NCDs

We would like to inform you that a Meeting of Board of Directors is scheduled to be held on Wednesday, March 25, 2015 to consider and approve the following:

i. The detailed terms of the proposed rights issue of the Ordinary shares and 'A' Ordinary shares ( the Securities ) aggregating upto `7,500 crores, including the issue price, rights entitlement ratio and the Book closure for issuance of the Securities to the existing shareholders of the Company.

ii. Buy-back of Secured Non-Convertible Debentures (ISIN:INE155A07193) issued by the Company in May 2009, maturity date being March 31, 2016, face value of `1250 crores, as part of its Debt restructuring programme to ensure a healthy debt equity mix, balanced maturity profile, better terms that would include lower cost of debt.

This intimation is being sent as required under Clause 19 of the Equity Listing Agreement.

Total size =520K