Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date: Wednesday, July 8, 2026
  • Time: 10:30 a.m. to 1:30 p.m. (IST)
  • Location: Conducted through Video Conferencing/Other Audio-Visual Means
  • Type: 81st Annual General Meeting
  • Cut-off date: July 1, 2026
  • Total shareholders: 64,60,243

Proposed Resolutions and Implications

Nine resolutions were proposed and approved at the AGM:

1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with Reports of Board and Auditors

2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditors' Report

3. Ordinary Resolution: Declaration of dividend on Equity Shares for FY ended March 31, 2026

4. Ordinary Resolution: Re-appointment of Mr. N Chandrasekaran (DIN: 00121863) who retires by rotation

5. Special Resolution: Re-appointment of Mr. Al-Noor Ramji (DIN: 00230865) as Independent Director for second term

6. Ordinary Resolution: Appointment of Branch Auditors

7. Ordinary Resolution: Ratification of Cost Auditor's Remuneration

8. Ordinary Resolution: Material Related Party Transactions with Fiat India Automobiles Private Limited (Joint Operations)

9. Ordinary Resolution: Material Related Party Transactions of Jaguar Land Rover with Agratas entities

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting via NSDL platform from July 4, 2026 (9:00 a.m.) to July 7, 2026 (5:00 p.m.)
  • Remote e-voting during AGM for shareholders present through VC/OAVM who hadn't voted earlier
  • No physical meeting or proxy arrangement was made as the meeting was conducted entirely through VC/OAVM
  • Scrutinizer: Mr. P N Parikh of Parikh & Associates, Practising Company Secretaries

Key Voting Outcomes

Overall Participation
  • Total shares outstanding: 3,682,582,902
  • Total votes polled: 2,759,254,391 (74.93% of outstanding shares)
  • Shareholders attended through VC: 276 (6 Promoter Group, 270 Public)
Resolution-wise Results:

Resolution 1 (Standalone Financial Statements)

  • Total votes: 2,757,759,013 (99.99% in favor, 0.01% against)
  • Promoter Group: 1,565,402,303 votes (100% in favor)
  • Public Institutions: 1,119,695,243 votes (99.99% in favor)
  • Public Non-Institutions: 72,501,467 votes (99.99% in favor)

Resolution 2 (Consolidated Financial Statements)

  • Total votes: 2,757,592,526 (99.99% in favor, 0.01% against)

Resolution 3 (Dividend Declaration)

  • Total votes: 2,759,095,556 (99.99% in favor, 0.01% against)

Resolution 4 (Re-appointment of Mr. N Chandrasekaran)

  • Total votes: 2,517,727,482 (91.25% in favor, 8.75% against)
  • Public Institutions: 879,903,643 votes (78.47% in favor, 21.53% against)

Resolution 5 (Re-appointment of Mr. Al-Noor Ramji)

  • Total votes: 2,746,813,068 (99.55% in favor, 0.45% against)

Resolution 6 (Branch Auditors Appointment)

  • Total votes: 2,758,918,826 (99.99% in favor, 0.01% against)

Resolution 7 (Cost Auditor Remuneration)

  • Total votes: 2,759,219,813 (100% in favor, 0% against)

Resolution 8 (RPT with Fiat India)

  • Total votes: 1,192,928,335 (100% in favor, 0% against)
  • Promoter Group: Did not participate (interested party)

Resolution 9 (RPT with Agratas entities)

  • Total votes: 1,192,922,593 (100% in favor, 0% against)
  • Promoter Group: Did not participate (interested party)
  • Invalid votes: 750,240 from 2 members

Scrutinizer's Role and Findings

Mr. P N Parikh was appointed to scrutinize the remote e-voting process. His report confirmed:

  • All resolutions were passed with requisite majority
  • Voting was conducted fairly and transparently
  • Invalid votes were minimal and properly accounted for
  • The management ensured compliance with voting requirements

Compliance Confirmation

The company confirmed compliance with:

  • Companies Act, 2013 and relevant Rules
  • SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • MCA Circulars regarding virtual meetings
  • All regulatory requirements for shareholder voting and disclosure

Additional Information

  • The meeting included addresses by Chairman Mr. Natarajan Chandrasekaran and MD & CEO Mr. Shailesh Chandra
  • Company highlighted successful demerger completion, operational performance, and future growth strategies
  • Statutory Auditor's Report and Secretarial Auditor's Report contained no qualifications or adverse remarks
  • Video recording and voting results available on company website (www.cars.tatamotors.com) and NSDL website (www.evoting.nsdl.com)