Tata Motors Limited — Others, 25-03-2025: ESOP/ESOS/ESPS

Tata Motors Limited has announced a board meeting to approve the allotment of 1,59,527 ordinary shares at a face value of ₹2 each, as part of its Share-based Long Term Incentive Scheme 2021. This allotment results from the exercise of 73,444 Performance Share Units and 86,083 Stock Options at exercise prices of ₹2 and ₹338 per share, respectively. As a result, the company's paid-up share capital increases to ₹7,36,31,74,989, reflecting a growing equity base that could fortify employee engagement and retention. Investors may view this positively, as it signals a commitment to aligning employee interests with shareholder value.