Tata Technologies Limited announced that its Nomination and Remuneration Committee has approved the grant of 30,761 Employee Stock Options to eligible employees under the company's Share Based Long Term Incentive Scheme 2022. The decision was made at the committee meeting held on January 29, 2026.

Stock Option Grant Details

The company granted Performance Stock Options under the Tata Technologies Limited Share Based Long Term Incentive Scheme 2022, which operates in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Pricing and Valuation Framework

The exercise price has been set at ₹2 per Performance Stock Option, which equals the face value of the underlying equity shares. The number of Performance Stock Options granted to eligible employees is determined based on eligible compensation for each grant year divided by Fair Market Value (FMV). The FMV is calculated as the closing market price of shares on the National Stock Exchange on January 28, 2026, which was one trading day prior to the committee's approval date.

Regulatory Compliance and Authorization

The stock option grant was made pursuant to authority granted by shareholders through Postal Ballot dated March 15, 2024. The disclosure has been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Vesting and Exercise Terms

Key features of the granted options include:

• Vesting Schedule: Options will vest after 3 years from the grant date
• Exercise Period: Eligible employees can exercise options within 1 year from the vesting date
• Beneficiaries: Eligible employees of the company and its subsidiaries
• Option Type: Class A Stock Options classified as Performance Stock Options

The announcement was signed by Warren Harris, CEO and Managing Director, and the details have been posted on the company's website at www.tatatechnologies.com for stakeholder reference.

Tata Technologies Limited has issued a postal ballot notice seeking shareholder approval for a key board appointment, marking an important governance milestone for the engineering services company.

Director Appointment Details

The company seeks approval for the appointment of Mr. Dhiman Gupta (DIN: 09420213) as Non-Executive Non-Independent Director. The Board of Directors had initially appointed him as Additional Director on January 16, 2026, subject to shareholder approval through the postal ballot process.

Voting Schedule and Process

The remote e-voting process has been structured to ensure comprehensive shareholder participation. The company has engaged National Securities Depository Limited (NSDL) to provide the e-voting facility, with Mr. Jayavant Bhave (Fellow Membership No.: 4266) from J. B. Bhave & Co., Company Secretaries, appointed as the Scrutinizer.

Candidate Profile and Qualifications

Mr. Dhiman Gupta brings substantial expertise to the board with nearly two decades of corporate finance experience. His educational background includes a B.Tech in Mechanical Engineering from IIT Kharagpur and a PGDM from IIM Ahmedabad.

Currently serving as Chief Financial Officer of Tata Motors Passenger Vehicles Limited, Mr. Gupta has been with the Tata Motors Group since 2018. His notable achievements include:

• Leading the subsidiarization of the passenger vehicle business
• Securing $1 billion in growth capital for the electric vehicle division from TPG RISE
• Overseeing the acquisition of Ford's Gujarat plant
• Contributing to the Tata Technologies IPO

Current Directorships and Committee Memberships

Mr. Gupta holds directorships in Tata Passenger Electric Mobility Limited and Fiat India Automobiles Private Limited. His committee memberships include:

• Member of Nomination and Remuneration Committee and Executive Committee of Tata Passenger Electric Mobility Limited
• Member of CSR committee of Fiat India Automobiles Private Limited
• Member of Technology Committee of Tata Motors Passenger Vehicles Limited

Compliance and Regulatory Framework

The postal ballot process complies with Section 110 and Section 108 of the Companies Act, 2013, along with relevant rules and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice is being sent electronically to shareholders whose email addresses are registered with the company, depositories, or registrar.

In accordance with Regulation 17(1C) of SEBI Listing Regulations, listed entities must obtain member approval for board appointments within three months of the appointment date or at the next general meeting, whichever is earlier. The Board has confirmed that Mr. Gupta meets all requisite qualifications and is not disqualified under Section 164 of the Companies Act, 2013.