Key Quantitative Figures
- Number of shares allotted: 41,981 Equity Shares
- Face value: ₹2 each, fully paid up
- Exercise price: ₹2 per share
- Performance Share Units exercised: 41,981
- Pre-allotment paid-up equity capital: ₹7,36,55,78,704 divided into 3,68,27,89,352 Equity Shares
- Post-allotment paid-up equity capital: ₹7,36,56,62,666 divided into 3,68,28,31,333 Equity Shares
- Capital increase: ₹83,962 (41,981 shares × ₹2)
Dates of Action
- Allotment Committee Meeting date: October 30, 2026
- In-principle approval dates: March 30, 2026 (from both NSE and BSE)
Parties Involved
- Issuing Company: Tata Motors Limited (formerly TML Commercial Vehicles Limited)
- Regulatory Authorities: National Stock Exchange of India Limited, BSE Limited
- Approving Body: Allotment Committee of Tata Motors Limited
- Authorizing Body: Board of Directors of Tata Motors Limited
- Recipients: Eligible employees of the company
Capital Structure Impact
- The allotment results in a dilution of approximately 0.0114% (41,981 new shares against previous base of 3,68,27,89,352 shares)
- The new equity shares will rank pari passu in all aspects with existing equity shares of the company
Purpose/Rationale
Allotment is made under the Tata Motors Limited Share-based Long Term Incentive Scheme to eligible employees pursuant to exercise of Performance Share Units.
#Tags: #TataMotors #ESOP #SEBIDisclosure #RegulatoryCompliance #CapitalDilution #Neutral