Tata Technologies allots new shares under employee incentive scheme

On September 9, 2025, Tata Technologies allotted 32,173 equity shares, each with a face value of ₹ 2, under the 'Tata Technologies Limited Share based Long Term Incentive Scheme 2022'. This allotment, approved by the nomination and remuneration committee, increased the company's paid-up equity share capital from ₹ 81,13,59,334 (405,679,667 shares) to ₹ 81,14,23,680 (405,711,840 shares).

The company had previously secured in-principle approvals for these shares from the National Stock Exchange of India Limited on May 22, 2024, and from BSE Limited on May 23, 2024. The newly issued shares, identified by distinctive numbers from 405,679,668 to 405,711,840, will rank pari-passu with existing equity shares, including dividend and other rights.

Of the total allotment, 15,721 shares were issued at an exercise price of ₹ 2 each, while 16,452 shares were issued at an exercise price of ₹ 189.95 each, resulting in a premium of ₹ 187.95 per share for the latter. The shares have an ISIN of INE142M01025.