NSEESOP/ESOS/ESPS23h ago · 21 Sept 2026, 05:01 pm
ESOP/ESOS/ESPS
Tata Motors Passenger Vehicles Limited · TMPV
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Tata Motors Passenger Vehicles Limited has informed the Exchange regarding the allotment of 1,00,596 shares under the Tata Motors Passenger Vehicles Limited Share-based Long Term Incentive Scheme 2021. The allotment was approved by the Allotment Committee of the Company, and the shares will rank pari passu with the existing equity shares.
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Earnings Impact2/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Tata Motors Passenger Vehicles Limited has informed the Exchange regarding Allotment of 1,00,596 Shares.
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BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C-1, Block G,
Dalal Street, Fort, Bandra-Kurla Complex
Mumbai 400 001 Bandra (East), Mumbai 400 051
September 21, 2026
Sc no. – 18995
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Re: Allotment of 1,00,596 Equity Shares of ₹2/- each fully paid up under the Tata Motors Passenger
Vehicles Limited Share-based Long Term Incentive Scheme 2021 (‘the Scheme’)
We invite your kind attention to the series of correspondence in connection with the captioned Scheme and
In-principle approval granted by National Stock Exchange of India Limited and BSE Limited vide their letters
dated September 24, 2021 and September 27, 2021, respectively.
In this context, we wish to inform you that the Allotment Committee of Tata Motors Passenger Vehicles
Limited (formerly Tata Motors Limited) (‘the Company’) as authorized by the Board of Directors of
the Company, has at its Meeting held today, i.e., September 21, 2026, approved allotment of
1,00,596 Equity Shares of the face value of ₹2/- each fully paid up under the Scheme to the eligible
employees pursuant to exercise of 1,00,596 Performance Share Units at an exercise price of ₹2/- per share.
Consequent to the aforesaid allotment, the paid-up Equity Share Capital of the Company stands increased
from ₹7,36,62,60,593 divided into 3,68,28,91,544 Equity Shares of ₹2/- each to ₹7,36,64,61,785 divided
into 3,68,29,92,140 Equity Shares of ₹2/- each (considering the amount of subscribed share capital plus
shares forfeited less calls in arrears).
The aforesaid Equity Shares shall rank pari passu in all aspects with the existing Equity Shares of
the Company.
We request the Exchanges to take the aforesaid disclosure in their records.
Yours faithfully,
Tata Motors Passenger Vehicles Limited
(formerly Tata Motors Limited)
Maloy Kumar Gupta
Company Secretary & Chief Legal Officer