Will launch more affordable e-cars by 2023: Tata Motors
The company is revving up for 2024-25, in anticipation of an intensely competitive market06-09-2022
06-09-2022
CV industry to perform well this year, says Tata Motors' Girish Wagh
Tata Motors on Monday said it is expecting the Commercial vehicles industry to perform well this fiscal after two years of downturn, with an upturn in demand across all segments. Moreover, consumption is also witnessing continuous growth leading to good demand conditions, Tata Motors executive director, Girish Wagh said at the launch of a range of trucks here. Along with the launch of the country's first CNG-powered Medium and Heavy Commercial Vehicle (M&HCV) range of trucks, the company also rolled out a new series of advanced intermediate and light commercial vehicle (I&LCV) tippers and trucks. Besides, it also introduced Advanced Driver Assistance System (ADAS) and new features in its range of Prima, Signa and Ultra trucks. After two years of downturn in the commercial vehicle industry, the previous fiscal logged 22 per cent volume growth over FY21, said Wagh. "The CV industry seems to be on an upside now. Various indicators such as fleet utilisation or freight rates or...05-09-2022
Peel Works to procure 100 EVs, replace delivery vehicle fleet to electric
Business-to-business commerce player Peel Works is probably the first firm that is planning to replace its entire fleet of fossil fuel-based delivery vehicles with electric ones and procure 100 EVs in the first phase. Peel Works, a Mumbai-headquartered B2B (business-to-business) grocery e-commerce company, is in talks with Piaggio, Tata Motors, Mahindra and Greaves for procuring 100 EVs (electric vehicles) for its distribution business. It operates the retail management platform, Taikee, and Manpower, Payroll management and Logistics as service platform 1SF. "We have plans to shift entirely to EVs (electric vehicles). As of now, in the first phase, we are planning to take 100 EVs ahead of this festival season. If it went well then we will go for more EVs deployment," the company's co-founder and supply chain Head, Lt Col Pushkar Raj (Retd) told PTI. He further told that the company is in talks with Piaggio, Tata Motors, Mahindra, and Greaves to procure 100 EVs (light goods vehicles02-09-2022
TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, attached are the meetings schedule in table with the Analyst / Institutional Investor(s) from September 5, 2022 to September 9, 2022.02-09-2022
Tata Motors' total sales rise 36% in August; domestic sales up 41%
Tata Motors on Thursday said its total sales increased by 36 per cent to 78,843 units in August. The auto major had sold 57,995 units in the same month of the previous year. Its total domestic sales increased by 41 cent to 76,479 units in August. The company had dispatched 54,190 units in August 2021. Passenger vehicle sales in the domestic market stood at 47,166 units last month, as against 28,018 units in August 2021, an increase of 68 per cent. Commercial vehicle sales in the domestic market were at 29,313 units last month, as compared to 26,172 units in the same month last year, an increase of 12 per cent, it added.01-09-2022
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, we are enclosing herewith a Press Release issued by Tata Motors Limited on the captioned subject, the content of which is self-explanatory. This is for the information of the Exchange and the Members.01-09-2022
TATA MOTORS LTD. - 500570 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and based on the intimation received from the Company's Registrar and Share Transfer Agent, TSR Consultants Private Limited on September 1, 2022, 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.01-09-2022
TaMo completes acquisition of Marcopolo's stake in Tata Marcopolo Motors
Tata Motors on Tuesday said it has completed the acquisition of its partner Marcopolo's stake in their bus body manufacturing joint venture Tata Marcopolo Motors Ltd. In December 2020, Tata Motors and Marcopolo had entered into an agreement, under which the homegrown automaker agreed to purchase 49 per cent shareholding of its Brazilian partner for Rs 99.96 crore in the joint venture. The 51:49 JV was formed in 2006. The company has completed the procedural requirements under the share purchase agreement for acquiring the entire shareholding held by Marcopolo SA in Tata Marcopolo Motors Ltd (TMML), Tata Motors said in a regulatory filing. Consequently, TMML has become a wholly-owned subsidiary of the company from August 29, 2022, it added. The JV had manufacturing facilities in Dharwad and Lucknow for building bus bodies on chassis supplied by Tata Motors and marketed under the 'Starbus' and 'Starbus Ultra' bus brands. However, Marcopolo decided to exit from the JV under its refre30-08-2022
TATA MOTORS LTD. - 500570 - Completion Of Procedural Requirements Mentioned Under Of The Share Purchase Agreement Executed Between Marcopolo S.A, Joint Venture Partner, Tata Marcopolo Motors Limited And Tata Motors Limited .
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our letter reference sc no 16193 dated December 17, 2020 (copy enclosed), we would like to inform that the Company has completed the procedural requirements mentioned under the Share Purchase Agreement executed between Marcopolo S.A, Joint Venture Partner, Tata Marcopolo Motors Limited (TMML) and Tata Motors Limited for acquiring the entire shareholding in TMML held by Marcopolo SA. Consequently, TMML has become a wholly owned subsidiary of the Company w.e.f. August 29, 2022. Presently, the Company holds the entire share capital of Rs.2,18,38,70,960 comprising in 21,83,87,096 equity shares of Rs.10/- each fully paid up.30-08-2022
TATA MOTORS LTD. - 500570 - Grant Of Performance Share Units To The Eligible Employees Under The Tata Motors Limited Share-Based Long Term Incentive Scheme 2021 (The Scheme)
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 and further to our letter reference sc no. 16257 dated September 28, 2021, we would like to inform you that in terms of the authority granted by the Members at the Seventy-Sixth Annual General Meeting of the Company held on July 30, 2021, the Nomination and Remuneration Committee of the Board of Directors had on August 29, 2022, approved grant of, in aggregate 6,59,984 Performance Share Units to the Eligible Employees of the Company under the captioned Scheme.30-08-2022