General Announcement::Sale of Subsidiary of Tata Motors Limited

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
01-Apr-2025 18:30:06
Status
New
Announcement Sub Title
Sale of Subsidiary of Tata Motors Limited
Announcement Reference
SG250401OTHRAFCI
Submitted By (Co./ Ind. Name)
Maloy Kumar Gupta
Designation
Company Secretary
Effective Date and Time of the event
01/04/2025 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ), please be informed that Jaguar Land Rover Limited, UK ( JLR ), a wholly owned subsidiary of Tata Motors Limited ( the Company ), has informed that JLR ( the Seller ) and Tata Autocomp Systems Limited ( Buyer / TACO ) have entered into a share purchase agreement for, inter alia., sale of its 80% stake in Jaguar Land Rover Ventures Limited ( JLRV ) a step down wholly owned subsidiary of the Company to TACO on March 28, 2025. Pursuant thereto, TACO has also acquired 80% stake in Artifex Interior Systems Limited ( AISL ), a wholly owned subsidiary of JLRV. Consequently, both JLRV and AISL cease to be subsidiaries of the Company with effect from March 28, 2025.

Attachments

NSEBSELETTER - 28-03-2025 FINAL.pdf
Total size =246K