Tata Motors Iveco Group Tender Offer: CONSOB Approves Offer Document | Acceptance from 7 Sept 2026

Tata Motors Limited (formerly TML Commercial Vehicles Limited) has informed the stock exchanges that its indirect wholly owned subsidiary has received a key regulatory approval for the voluntary totalitarian tender offer on Iveco Group N.V.

TML CV Holdings B.V. (the Offeror), a company wholly owned by TML CV Holdings Pte. Ltd. (itself a wholly owned subsidiary of Tata Motors), announced that Consob approved the Offer Document on 3 September 2026 by resolution no. 24119.

Key Details of the Offer

• Offeror: TML CV Holdings B.V.

• Target: All common shares of Iveco Group N.V.

• Consideration: Euro 14.10 (cum dividend) per common share

• Acceptance Period: 7 September 2026 (8:30 a.m. CE(S)T) to 26 October 2026 (5:30 p.m. CE(S)T), unless extended

• Payment Date: 30 October 2026 (fourth trading day after the end of the Acceptance Period), unless extended

If the legal requirements are met, the Acceptance Period may be reopened for five trading days from 2 to 6 November 2026. In that case, payment for shares tendered during the reopening would be on 13 November 2026.

The detailed Offer Document will be published shortly, and a further press release will confirm the modalities of its dissemination.

This follows Tata Motors’ earlier intimation on 1 September 2026 and the original announcement of the decision to launch the offer on 30 July 2025.

The communication is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Source: Official disclosure by Tata Motors Limited dated 4 September 2026 (Sc no – 114) and the related press release by TML CV Holdings B.V.