Tata Motors Limited has informed the Exchange regarding Allotment of 113583 Shares.
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Tata Motors Limited allotted 1,13,583 equity shares of ₹2 each on May 20, 2025, under its Share-based Long Term Incentive Scheme 2021. The allotment came from the exercise of 62,603 Performance Share Units (at ₹2 per share) and 50,980 Stock Options (at ₹338 per share) by eligible employees. Following this allotment, the company's paid-up equity share capital increased from ₹736.31 crore to ₹736.34 crore, with total shares rising from 368.13 crore to 368.14 crore. The newly issued shares will rank equally with existing shares in all respects.
This is a routine ESOP/employee stock incentive allotment with no material impact on shareholders. The dilution is negligible (0.003% increase in share count) and reflects employees exercising previously granted awards, indicating continued employee engagement.