Tata Motors Passenger Vehicles Limited has informed the Exchange regarding adoption of Tata Motors Passenger Vehicles Limited Share-based Long Term Incentive Scheme 2026 .
TMPV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.7 pts more than Nifty 100 and 6.7 pts more than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Tata Motors Passenger Vehicles Limited has approved the adoption of a Share-based Long Term Incentive Scheme 2026 for its employees. The scheme involves granting up to 50 lakh Performance Share Units (PSUs), with each PSU carrying the right to apply for one equity share at a face value of ₹2 per share. The exercise period is 12 months from the date of vesting. The scheme may result in a maximum dilution of approximately 0.14% of the company's total issued share capital. The adoption is subject to shareholder approval at the ensuing Annual General Meeting and other regulatory approvals.
This is a routine employee incentive program that will cause minimal dilution (0.14%) to existing shareholders. It aligns employee interests with shareholders but has negligible impact on the stock price.