TATA MOTORS LTD. - 500570 - News Item In The 'Www.Telegraphindia.Com' Dated January 12, 2021, Captioned "The Buzz That Tesla May Choose Tata Motors For Its Much-Awaited India Foray Set The Latter''s Stock Soaring On The Exchanges"
With reference to your emails dated January 12, 2021 seeking clarification/confirmation in respect of the above news item, at the outset we would like to inform that the information is not considered material as required in Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as no such event as published in the article was taking place. The Company has made below mentioned official statement denying occurrence of any such incidence to the media on January 11, 2021 and the said response was carried by several prominent media over yesterday and today: 'Tata Motors has not taken any decision regarding a strategic partner for its PV business and categorically denies any and all rumours suggesting the same'.12-01-2021