Tata Motors Allots 157,585 Equity Shares Under Share-based Long Term Incentive Scheme
Mumbai, 22 May 2026: Tata Motors Limited has approved the allotment of 157,585 equity shares of ₹2 each under its Share-based Long Term Incentive Scheme (“the Scheme”) for eligible employees.
The allotment was approved by the company’s Allotment Committee at its meeting held on May 22, 2026, pursuant to the exercise of an equal number of Performance Share Units at an exercise price of ₹2 per share.
The shares are issued under regulatory approvals previously granted by both the National Stock Exchange of India Limited and BSE Limited on March 30, 2026.
Impact on Share Capital
Following the allotment, the paid-up equity share capital of Tata Motors has increased slightly:
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Before allotment: ₹7,36,46,62,746 (3,68,23,31,373 equity shares)
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After allotment: ₹7,36,49,77,916 (3,68,24,88,958 equity shares)
The newly allotted shares will rank pari passu with existing equity shares, meaning they carry equal rights in all respects, including dividends and voting rights.
Employee Incentive Strategy
The Share-based Long Term Incentive Scheme is designed to reward and retain employees by linking compensation to performance and long-term value creation. Such schemes are commonly used by large listed companies to align employee interests with shareholder outcomes.
About Tata Motors
Tata Motors Limited is one of India’s leading automobile manufacturers and part of the Tata Group, with a global presence in passenger vehicles, commercial vehicles, and electric mobility solutions.
