TATA MOTORS LTD. - 500570 - Tata Technologies Limited - Filing Of Red Herring Prospectus
We wish to inform you that the Company has been informed by Tata Technologies, a subsidiary of the Company that it has filed today, the RHP dated Monday, November 13, 2023 with the Registrar of Companies. The IPO is an offer for sale of upto 60,850,278 equity shares for cash comprising of offer for upto 46,275,00 Equity Shares by TML, upto 9,716,853 Equity Shares by Alpha TC Holdings Pte. Ltd and upto 4,858,425 Equity Shares by Tata Capital Growth Fund I, each representing 11.41%, 2.40% and 1.20% respectively of the paid up Equity Share Capital of Tata Technologies Limited. The IPO, inter alia, provides a reservation of upto 6,085,027 Equity shares i.e., 10% of the Offer, for subscription by eligible shareholders of TML. The IPO will open for subscription by the public on Wednesday, November 22, 2023 and shall close on Friday, November 24, 2023.13-11-2023
