Tata Motors Limited has informed the Exchange regarding Allotment of 157585 Shares.
TMCV · price
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Tata Motors Limited has allotted 1,57,585 equity shares of ₹2 each fully paid up to eligible employees. The shares were issued upon exercise of an equal number of Performance Share Units (PSUs) at an exercise price of ₹2 per share — equal to face value. Following the allotment, the company's paid-up equity share capital increased marginally from ₹7,36,46,62,746 to ₹7,36,49,77,916, reflecting a minor dilution. The newly allotted shares will rank pari passu with existing equity shares in all respects.
The share issuance is a routine employee stock compensation event with negligible dilution impact — less than 0.01% increase in share capital — and is not expected to materially affect the stock price. It reflects routine ESOP exercise activity under an approved incentive scheme.