Form 6-K TATA MOTORS LTD/FI For: May 31

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 under

the Securities Exchange Act of 1934

For the Month of May 2022

Commission File Number: 001-32294

 

TATA MOTORS LIMITED

(Translation of registrant’s name into English)

 

BOMBAY HOUSE

24, HOMI MODY STREET,

MUMBAI 400 001, MAHARASHTRA, INDIA

Telephone # 91 22 6665 8282 Fax # 91 22 6665 7799

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  ☒                Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes  ☐                No  ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes  ☐                No  ☒

 

 

---

 

EXHIBIT INDEX

 

 

---

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.

 

 

 

Exhibit 99.1

TATA MOTORS LIMITED

Bombay House

24, Homi Mody Street,

Mumbai 400 001, Maharashtra, India

 

 

Allotment of 57,065 Ordinary Shares of ₹2 each issued under the Tata Motors Limited Employees Stock Option Scheme 2018 ("TML ESOP SCHEME 2018" OR "THE SCHEME")

 

Mumbai, May 31, 2022: 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 the National Stock Exchange of India Limited vide letter dated November 29, 2018.

 

In this context we wish to inform you that the Allotment Committee of the Company has, today, approved allotment of 57,065 Ordinary Shares of the face value of ₹2 each under the Scheme to the eligible employees pursuant to exercise of stock options at an exercise price of ₹345 per share.

 

Consequent to the aforesaid allotment, the paid-up Ordinary share capital of the Company stands increased from ₹6,64,21,87,991 divided into 3,32,08,55,243 Ordinary Shares of ₹2 each to ₹6,642,302,121 divided into 3,32,09,12,308 Ordinary Shares of ₹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 existing Ordinary Shares of the Company.

 

We request the exchanges to take the aforesaid disclosure in their records.

 

-Ends-

 

About Tata Motors

 

Part of the USD 109 billion Tata group, Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 34 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses, offering extensive range of integrated, smart and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and amongst the top three in the passenger vehicles market.

 

Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by preparing a tailor-made product strategy, leveraging the synergy between the Group companies and playing an active role liasoning with the Government in developing the policy framework.

 

With operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia, supported by a strong global network of 103 subsidiaries, 9 associate companies, 4 joint ventures and 2 joint operations as on March 31, 2021, Tata Motors’ commercial and passenger vehicles are marketed in

 

 

---

 

countries, spread across Africa, Middle East, South & South East Asia, Australia, South America, Russia and other CIS countries.

 

To know more, please visit (www.tatamotors.com; also follow us on Twitter: https://twitter.com/TataMotors)

 

Media Contact Information:

Tata Motors Corporate Communications: +91 22-66657613 / [email protected]

Safe Harbor: Statements included herein may constitute "forward-looking statements". Forward-looking statements are based on expectations, forecasts and assumptions by management and involve risks, uncertainties, and other factors that may cause our actual results, performance or achievements to materially differ from those stated. We cannot be certain that any expectation, forecast or assumption made by management in preparing these forward-looking statements will prove accurate, or that any projection will be realized. More detailed information about these and other factors that could affect future results is contained in our annual reports and filings with the Securities and Exchange Commission. Our forward-looking statements pertain to the date of their initial issuance, and we do not undertake to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

 

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Tata Motors Ltd. (TTMT:IN) (TTM) PT Raised to INR1,200 at Exane BNP Paribas
• Miner Freeport-McMoRan beats quarterly profit estimates on strong production
• AV Unveils New AI Capability and Autonomy Kit for Unmanned Systems