We are enclosing herewith the scrutinizer''s report and voting result with respect to 80th AGM of the Company held on June 20, 2025.
Awaiting price reaction for this filing.
Tata Motors held its 80th AGM on June 20, 2025 via video conferencing, chaired by N Chandrasekaran and concluded in about 3 hours. All 28 resolutions were passed with requisite majority, including adoption of audited standalone and consolidated financial statements for FY25, declaration of dividend, re-appointment of N Chandrasekaran, appointment of Guenter Karl Butschek and K V Chowdary as Independent Directors, and 19 material related party transactions with Tata group entities. Most resolutions received over 99% support, though the re-appointment of N Chandrasekaran saw relatively lower backing at 88.82% (313 million votes against), and the dividend resolution got 97.46% support. Chairman highlighted that the proposed demerger of the commercial vehicles business is expected to complete within calendar year 2025, with all three businesses (CV, PV & EV, and JLR) expected to thrive independently. The meeting included a tribute to the late Ratan N Tata and one-minute silence for victims of the June 12 Air India crash.
Routine AGM completion with no surprises for shareholders — all governance items including dividend and director appointments were cleared. The demerger timeline of commercial vehicles business within calendar 2025 is the key forward-looking item investors should track. Noticeable dissent on Chandrasekaran's re-appointment (about 11% against) from institutional/public investors may be worth monitoring.