General Announcement:: NCLT order sanctioning the Scheme of Arrangement for transfer of the Defense Undertaking

Issuer & Securities

Issuer/ Manager
TATA MOTORS LIMITED
Securities
TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
TATA MOTORUS$250M5.75%N241030 - XS1121908211 - 19SB
TATA MOTORUS$300M5.875%N250520 - XS2079668609 - FGLB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Dec-2019 20:12:01
Status
New
Announcement Sub Title
NCLT order sanctioning the Scheme of Arrangement for transfer of the Defense Undertaking
Announcement Reference
SG191217OTHR4S69
Submitted By (Co./ Ind. Name)
H K Sethna
Designation
Company Secretary
Effective Date and Time of the event
17/12/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
This is with further reference to our letters dated May 3, 2018, June 27, 2019, June 28, 2019 and July 30, 2019, regarding the captioned Scheme. We are pleased to inform you that, the Hon'ble National Company Law Tribunal, Mumbai Bench ( NCLT ) vide its order dated December 12, 2019, has sanctioned the said Scheme.

A certified copy of the order passed by the NCLT along with a copy of the Scheme is being made available on the Company s website www.tatamotors.com.

We would like to bring to your notice that:
1) The Scheme is subject to approval by the NCLT, Hyderabad bench in respect of the application filed by the Transferee Company;

2) As per Clause 21 of the Scheme, this Scheme would be effective on receipt of necessary approvals from authorities, including the Ministry of Defense. The Company would be filing/intimating the said order with the Registrar of Companies, Mumbai ( ROC ) within 30 days of the said order as also when the Scheme become effective as mentioned above.

We would keep the investors and exchanges informed of the same. This is for your information and records.

Attachments

LettertoNSEBSENCLTOrder.pdf
Total size =235K