ESOP Allotment Details:
- The Allotment Committee of Tata Motors Passenger Vehicles Limited approved the allotment of 1,47,262 equity shares of face value ₹2 each, fully paid up
- The allotment was made under the Tata Motors Passenger Vehicles Limited Share-based Long Term Incentive Scheme 2021
- The shares were allotted pursuant to exercise of:
- 1,26,879 Performance Share Units at an exercise price of ₹2 per share
- 20,383 Stock Options at an exercise price of ₹338 per share
Capital Structure Change:
- Paid-up Equity Share Capital increased from ₹7,36,53,48,785 (3,68,24,35,640 equity shares of ₹2 each) to ₹7,36,56,43,309 (3,68,25,82,902 equity shares of ₹2 each)
- The calculation considers "subscribed share capital plus shares forfeited less calls in arrears"
Regulatory Compliance:
- The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The Scheme received in-principle approval from:
- National Stock Exchange of India Limited on September 24, 2021
- BSE Limited on September 27, 2021
Share Characteristics:
- The newly allotted equity shares will rank pari-passu in all aspects with the existing equity shares of the company
- Face value: ₹2 per share
- Fully paid-up status
Additional Information:
- Allotment was approved at the committee meeting held on June 16, 2026
- The company was formerly known as Tata Motors Limited
- The disclosure was signed by Maloy Kumar Gupta, Company Secretary & Chief Legal Officer