Tata Motors Limited has announced the successful allotment of 41,981 equity shares under its Share-based Long Term Incentive Scheme. The allotment, approved by the company's Allotment Committee during a meeting held on October 30, 2026, sees the issuance of shares at a face value of ₹2 each. This move comes as part of a regulatory filing made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The equity shares have been distributed to eligible employees of Tata Motors Limited, allowing them to exercise a corresponding number of 41,981 Performance Share Units at an exercise price of ₹2 per share. This allocation is in line with the in-principle approvals previously received from the National Stock Exchange of India Limited and BSE Limited on March 30, 2026.
As a result of this allotment, the paid-up equity share capital of Tata Motors Limited has increased from ₹7,36,55,78,704, comprising 3,68,27,89,352 equity shares of ₹2 each, to ₹7,36,56,62,666, which is divided into 3,68,28,31,333 equity shares of ₹2 each. The newly allotted equity shares will rank pari passu in all respects with the existing equ...