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Tata Motors Passenger Vehicles Limited’s committee approved allotment of shares under its incentive scheme
30-Jul-2026, 09:25
Tata Motors Passenger Vehicles Limited, formerly Tata Motors Limited, announced that its Allotment Committee has approved the allotment of 3,08,642 equity shares of Rs 2 each fully paid up under the Tata Motors Passenger Vehicles Limited Share-based Long Term Incentive Scheme 2021, following the exercise of 2,32,910 Performance Share Units and 75,732 Stock Options. The allotment increases the company's paid-up equity share capital from Rs 7,36,56,43,309 divided into 3,68,25,82,902 equity shares to Rs 7,36,62,60,593 divided into 3,68,28,91,544 equity shares.