Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith an intimation regarding the allotment of 1,57,585 Equity Shares under the Tata Motors Limited Share-based ....
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Tata Motors has allotted 157,585 equity shares of ₹2 each to eligible employees who exercised their Performance Share Units under the company's long-term incentive scheme. The shares were issued at an exercise price of ₹2 per share. Following this allotment, the company's paid-up equity share capital increased from ₹7,36,46,62,746 to ₹7,36,49,77,916. The newly allotted shares will rank equally with existing equity shares in all respects.
This represents a minor dilution of approximately 0.04% for existing shareholders. The issuance is part of routine employee compensation and is not expected to have any material impact on the stock price.