General Announcement::Allotment of Ordinary Shares under TML ESOP SCHEME 2018

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
11-Jan-2022 14:53:34
Status
New
Announcement Sub Title
Allotment of Ordinary Shares under TML ESOP SCHEME 2018
Announcement Reference
SG220111OTHR7I2K
Submitted By (Co./ Ind. Name)
Tata Motors
Designation
Senior Manager
Effective Date and Time of the event
11/01/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Allotment Committee of the Company has today approved allotment of 54,496 Ordinary Shares of face value of Rs.2 each under the Scheme to the eligible employees pursuant to exercise of stock options at an exercise price of Rs.345 per share.

Consequent to the aforesaid allotment, the paid-up Ordinary share capital of the Company stands increased from Rs. 6,641,582,035 divided into 3,320,552,265 Ordinary Shares of Rs.2 each to Rs.6,641,691,027 dividend into 3,320,606,761 Ordinary Shares of Rs.2 each (considering amount of subscribed share capital plus shares forfeited less calls in arrears).

The aforesaid Ordinary Shares shall rank pari passu in all aspects with the existing Ordinary Shares of the Company.

Please find the press release enclosed herewith, contents of which are self-explanatory.

Attachments

NSEBSELETTER.pdf
Total size =179K