TPG Rise to invest Rs 7,500 cr in Tata Motors' EV arm at $9.1-bn valuation

Tata Motors to incorporate a subsidiary TML EVCo for its electric mobility business
12-10-2021
Bigul

Tata Motors Ltd - 500570 - Announcement under Regulation 30 (LODR)-Investor Presentation

Pursuant to Regulation 30 read alongwith Schedule III Part A para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the presentation to be made to Analysts/Investors on signing the Share Subscription Agreement between India Markets Rio Pte. Ltd., an entity affiliated with TPG Rise Climate ('TPG'), for an investment upto ?7,500 crore in a wholly owned subsidiary of the Company proposed to be incorporated, to undertake its passenger electricity mobility solutions business. A conference call with the senior management of the Company to update on the aforesaid matter will be held at 7.00 p.m. IST today and live webcast of the said conference call could be accessed through https://links.ccwebcast.com/?EventId=TATA211012. The same is also being made available on the Company's website www.tatamotors.com.
12-10-2021
Bigul

TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Meeting Updates

Pursuant to the provisions of Regulation 30 of the SEBI LODR, we hereby wish to inform you that the Board of Directors of Tata Motors Limited at its meeting held today, i.e., on October 12, 2021, inter alia, has accorded its approval for: (a) incorporation of a WOS in the name as may be approved by the Ministry of Corporate Affairs, Government of India ('TML EVCo'), to undertake its passenger electric mobility business; (b) execution of a Securities Subscription Agreement ('Agreement') with India Markets Rio Pte Ltd, an entity affiliated with TPG Rise Climate (the climate investing strategy of TPG's global impact investing platform TPG Rise) ('TPG Rise Climate'), in connection with an aggregate investment of INR 7,500 crores by TPG Rise Climate in TML EVCo (the 'Proposed Transaction'); and(c) authorizing Directors and Officials of the Company to negotiate, finalise, execute and deliver the terms and conditions of other transaction documents in connection with the Proposed Transaction.
12-10-2021
Bigul

Tata Motors Ltd - 500570 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Pursuant to above and based on the intimation received from the Company's Registrar and Share Transfer Agent ('RTA') TSR Darashaw Consultants Private Limited on October 11, 2021, we would like to inform that the Company has received a letter from the following shareholder(s) regarding loss of share certificate(s) with a request for issue of duplicate share certificate(s) in lieu thereof. The details of which is attached herewith.
11-10-2021
Bigul

Tata Motors Ltd - 500570 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Tata Motors Group Global Wholesales in Q2 of FY22 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is a Press Release issued by the Company on the above subject, the content of which is self-explanatory. This is for the information of the exchange and the members.
11-10-2021

Tata Motors hits Jan 2018 high; soars 39% in a month on strong outlook

Despite the impact of the semiconductor shortage on production and sales, JLR continues to see strong demand for its products with global retail orders at record levels in excess of 125,000 vehicles
11-10-2021
Bigul

Movers and Shakers: Stocks that will see action this week

Tata Motors (383)Breaks out of a rangeThe stock of Tata Motors saw its price rally marginally initially this year. But, thereafter, it entered a side
09-10-2021
Bigul

Tata Motors Ltd - 500570 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is a Press Release issued by Jaguar Land Rover (UK), our wholly owned subsidiary, on the cited subject, content of which is self-explanatory.
08-10-2021

Have asked Tesla to make electric cars in India; govt will give all support: Nitin Gadkari

Addressing 'India Today Conclave 2021', Nitin Gadkari further said electric cars manufactured by Tata Motors are not less good than electric cars manufactured by Tesla.
08-10-2021

TPG may pump $1 billion into Tata Motors' electric vehicles unit: Report

TPG's billion-dollar investment may even be increased to $1.5 billion and may value the Tata Motors' EV division at $8-9 billion.
08-10-2021
Next Page
Close

Let's Open Free Demat Account