TMCVNSETATA MOTORS LIMITEDLowNeutral
Announced Mon, 13 Jul · 19:51 IST

Allotment of 2,11,346 shares under Long Term Incentive Scheme

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹419.65
prior close
₹418.30
base price
After-mkt
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AI summary

Tata Motors' Allotment Committee approved allotment of 2,11,346 equity shares at face value of Rs 2 each to eligible employees under the company's Share-based Long Term Incentive Scheme. This follows exercise of 2,11,346 Performance Share Units. Paid-up equity capital rose from Rs 7,36,49,77,916 to Rs 7,36,54,00,608, taking total shares to 3,68,27,00,304. New shares rank equally with existing shares.

Likely market impact

Routine ESOP allotment causing negligible dilution; no material impact on shareholders or stock price.