Pursuant to Regulation 30 of SEBI LODR 205, please find enclosed herewith intimation regarding adoption of Tata Motors Limited Share based Long Term Incentive Scheme 2026
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Tata Motors Board has approved adoption of a new Share-based Long Term Incentive Scheme 2026. The scheme covers up to 50,00,000 Performance Share Units (PSUs) to be granted to eligible employees, with exercise price fixed at ₹2 per share (face value). Full vesting and exercise details will be governed by scheme terms. The maximum potential share dilution is approximately 0.14% of total issued capital. The scheme requires shareholder approval at the upcoming Annual General Meeting and must comply with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Shareholder dilution is minimal at ~0.14%, signalling a routine employee retention and incentive initiative. No immediate impact on earnings per share expected until PSUs are exercised.