TMCVBSETata Motors LtdMediumNeutral
Announced Mon, 17 Nov · 12:10 IST

The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tata Sons Pvt Ltd

Promoter Below 50pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tata Sons Private Limited has filed a SEBI Regulation 10(6) disclosure regarding shareholdings in Tata Motors Limited pursuant to the Composite Scheme of Arrangement between Tata Motors, TML Commercial Vehicles, and Tata Motors Passenger Vehicles, sanctioned by the NCLT Mumbai Bench. Post-restructure, 12 promoter group entities together hold 1,57,27,48,901 shares, equating to 42.71% of Tata Motors' total share capital. Tata Sons Private Limited is the largest individual holder at 40.14%, followed by Tata Industries at 1.96% and Tata Investment Corporation at 0.30%. The disclosure was exempted from the open-offer requirement under Regulation 10(1)(d)(i), as it arises out of a court/tribunal-approved scheme rather than an arms-length market purchase. Pre-transaction individual shareholdings are marked N.A., confirming this is purely a structural reorganisation rather than a fresh acquisition.

Likely market impact

Shareholders should note this is a procedural disclosure linked to the internal restructuring of the Tata group and does not change the effective promoter control. The promoter group remains firmly in control at 42.71% but stays below the 50% majority threshold, meaning there is no change in voting power.