Tata Motors Passenger Vehicles Limited has completed the allotment of 58,077 equity shares under its employee share scheme, marking another milestone in the company's long-term incentive program for eligible employees. The allotment was executed under the Tata Motors Passenger Vehicles Limited Share-based Long Term Incentive Scheme 2021.

Share Allotment Details

The Allotment Committee of Tata Motors Passenger Vehicles Limited, authorized by the Board of Directors, approved the allotment during its meeting held on April 17, 2026. The shares were allotted following the exercise of 58,077 Performance Share Units by eligible employees.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up equity share capital. The capital structure changes reflect the successful execution of the employee incentive program.

Regulatory Compliance

The share allotment was conducted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scheme had received in-principle approval from both the National Stock Exchange of India Limited and BSE Limited in September 2021.

The newly allotted equity shares will rank pari passu in all aspects with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders. The company has informed both stock exchanges about this allotment for their records and compliance purposes.

Tata Motors Passenger Vehicles Limited has filed its quarterly compliance certificate with depositories for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, to both the National Securities Depository Limited and Central Depository Services (India) Limited on April 8, 2026. The certificate was signed by Maloy Kumar Gupta, Company Secretary & Chief Legal Officer of Tata Motors Passenger Vehicles Limited.

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent, provided the compliance confirmation. The registrar certified that all securities received from depository participants for dematerialisation during the quarter ended March 31, 2026, were properly confirmed to the depositories.

The certificate confirms several key compliance aspects:

• Securities received for dematerialisation were confirmed (accepted/rejected) to depositories within prescribed timelines
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Corporate Structure

Tata Motors Passenger Vehicles Limited, formerly known as Tata Motors Limited, operates from its registered office at Bombay House, 24 Homi Mody Street, Fort, Mumbai. The company maintains its CIN as L28920MH1945PLC004520 and continues its passenger vehicle operations under the Tata Motors brand.

The filing demonstrates the company's continued adherence to regulatory requirements and proper maintenance of shareholder records through its appointed registrar and transfer agent.