Tata Motors allots shares under employee incentive scheme
Tata Motors Limited has completed the allotment of 258,248 Ordinary/Equity Shares, each with a face value of ₹2/-, fully paid up, under its Share-based Long Term Incentive Scheme 2021. This action follows the approval by the Allotment Committee during its meeting on September 16, 2025. The allotment was made to eligible employees who exercised 49,129 Performance Share Units and 209,119 Stock Options, at an exercise price of ₹2/- and ₹338/- per share, respectively.
This allotment has resulted in an increase in the company's paid-up Ordinary/Equity Share Capital. The capital has risen from ₹7,36,45,10,315 (comprising 3,68,20,16,405 Ordinary/Equity Shares) to ₹7,36,50,26,811 (comprising 3,68,22,74,653 Ordinary/Equity Shares).
The newly allotted Ordinary/Equity Shares will rank pari passu in all respects with the existing Ordinary/Equity Shares of Tata Motors Limited. The company has requested both the National Stock Exchange of India Limited and BSE Limited to record this disclosure.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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