Tata Motors allots shares under incentive scheme

Tata Motors announced the allotment of 248,009 ordinary/equity shares under its Tata Motors Limited Share-based Long Term Incentive Scheme 2021, effective July 7, 2025. The shares, with a face value of INR2 each, have been fully paid up and were issued to eligible employees upon the exercise of 107,942 Performance Share Units and 140,067 Stock Options. Exercise prices were INR2 and INR338 per share, respectively. Following this allotment, the company's paid-up Ordinary/Equity Share Capital increased from INR7,36,34,02,155 (divided into 3,68,14,62,325 shares) to INR7,36,38,98,173 (divided into 3,68,17,10,334 shares), including subscribed share capital and shares forfeited less calls in arrears. The newly issued shares rank equally with existing Ordinary/Equity Shares.