General Announcement::Tata Technologies Limited - Filing of Draft Red Herring Prospectus

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
10-Mar-2023 17:10:36
Status
New
Announcement Sub Title
Tata Technologies Limited - Filing of Draft Red Herring Prospectus
Announcement Reference
SG230310OTHRFC89
Submitted By (Co./ Ind. Name)
Tata Motors
Designation
Senior Manager
Effective Date and Time of the event
10/03/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to Regulation 30 of the SEBI LODR Regulations and further to our intimation bearing sc no. 17057 dated December 12, 2022 on the captioned subject matter, we wish to inform you that Tata Technologies Limited (Tata Technologies), a subsidiary of Tata Motors Limited (the Company), has informed the Company that it has today filed a draft red herring prospectus dated March 9, 2023 with the Securities and Exchange Board of India for an initial public offering by way of an offer for sale of up to 95,708,984 equity shares for cash (Equity Shares), representing approximately 23.60% of its paid-up share capital (IPO).
The IPO comprises of an offer for sale of (a) up to 81,133,706 Equity Shares by Tata Motors Limited, (b) up to 9,716,853 Equity Shares by Alpha TC Holdings Pte. Ltd. and (c) up to 4,858,425 Equity Shares by Tata Capital Growth Fund I, each representing up to 20%, 2.40% and 1.20%, respectively of Tata Technologies paid-up share capital.

Attachments

TML Stock Exchange Intimation - 09032022.pdf
Total size =470K