Board of Tata Motors approves shares based employee benefits

At meeting held on 23 June 2021

The Board of Tata Motors at its meeting held on 23 June 2021 has approved the Issue of Performance Shares and/or Options to the eligible employees of the Company and its subsidiary companies as per the SEBI (Share Based Employee Benefits) Regulations, 2015 not exceeding 0.25% of the Company's issued share capital, subject to approval of the shareholders at the ensuing Annual General Meeting.

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