Tata Motors allots shares under incentive scheme, increases capital

Tata Motors Limited announced the allotment of 306,071 ordinary/equity shares, each with a face value of ₹2, fully paid up, under its Share-based Long Term Incentive Scheme 2021. This allotment was approved by the company's Allotment Committee on August 28, 2025.

The shares were issued to eligible employees who exercised 169,991 Performance Share Units and 136,080 Stock Options. The exercise price for these shares was ₹2 and ₹338 per share, respectively. The company noted that this action follows in-principle approval from both the National Stock Exchange of India Limited and BSE Limited in September 2021.

As a result of this allotment, the company's paid-up Ordinary/Equity Share Capital has increased from ₹7,36,38,98,173 (divided into 3,68,17,10,334 ordinary/equity shares of ₹2 each) to ₹7,36,45,10,315 (divided into 3,68,20,16,405 ordinary/equity shares of ₹2 each). The newly allotted shares will rank pari passu with existing ordinary/equity shares.