TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We invite your kind attention to the series of correspondences in connection with the captioned Scheme and the In-principle approval granted by BSE Limited vide letter dated October 11, 2018 and NSE of India Limited vide letter dated November 29, 2018. We wish to inform you that the Allotment Committee of the Company has, today, approved allotment of 91,461 Ordinary Shares of the face value of Rs 2 each under the Scheme to the eligible employees pursuant to exercise of stock options at an exercise price of Rs 345 per share. Consequent to the aforesaid allotment, the paid-up Ordinary share capital of the Company stands increased from Rs 6,64,28,27,993 divided into 3,32,11,75,244 Ordinary Shares of Rs 2 each to Rs 6,64,30,10,915 divided into 3,32,12,66,705 Ordinary Shares of Rs 2 each (considering the amount of subscribed share capital plus shares forfeited less calls in arrears). The aforesaid Ordinary Shares shall rank pari passu in all aspects with the Ordinary Share Capital.07-10-2022
