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Tata Motors to allots 20.16 cr ordinary shares and 23.13 cr warrants to Tata Sons

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Capital Market
Last Updated : Dec 05 2019 | 6:04 PM IST

Priced at Rs 150 per ordinary share and Rs 150 per warrant

Tata Motors announced that the Allotment Committee of the Board of Directors of the company at its meeting held on 05 December 2019 has approved the allotment of 20,16,23,407 Ordinary Shares at a price of Rs 150 each and 23,13,33,871 Warrants, each Warrant carrying a right to subscribe to one Ordinary Share per Warrant, at a Warrant price of Rs 150 per warrant, on preferential basis to Tata Sons.

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First Published: Dec 05 2019 | 5:50 PM IST

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