TATA MOTORS LTD. - 500570 - Proposed Merger Of Tata Motors Finance Limited, A Step Down Subsidiary Of Tata Motors Limited ('TML' Or 'The Company') With Tata Capital Limited
Pursuant to regulation 30 and 51 of SEBI LODR regulations , we wish to inform you that the Board of Directors of Tata Motors Finance Limited (TMFL), a step down subsidiary of the Company and the Board of Directors of Tata Capital Limited (TCL) have at their respective Board meetings held today, i.e., June 4, 2024 have approved the Scheme of Arrangement amongst TMFL and TCL, subject to regulatory approvals including NCLT.04-06-2024