Tata Motors PV Allots 52,771 Shares under LTIP Scheme 2021
Tata Motors Passenger Vehicles Limited allots 52,771 equity shares of ₹2 each under Share-based Long Term Incentive Scheme 2021 on 12 November 2026.
Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) has allotted 52,771 equity shares of face value ₹2 each fully paid-up under its Share-based Long Term Incentive Scheme 2021.
Key Details of Allotment
- Number of Shares: 52,771 Equity Shares
- Face Value: ₹2 per share
- Exercise Price: ₹2 per share (pursuant to exercise of Performance Share Units)
- Approved by: Allotment Committee at its meeting held on 12 November 2026
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Impact on Share Capital
- Pre-allotment Paid-up Capital: ₹7,36,64,61,785 (3,68,29,92,140 equity shares)
- Post-allotment Paid-up Capital: ₹7,36,65,67,327 (3,68,30,44,911 equity shares)
The newly allotted equity shares shall rank pari-passu in all respects with the existing equity shares of the Company.
The intimation has been submitted to BSE and NSE under Regulation 30 of the SEBI (LODR) Regulations, 2015.
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