Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Tata Motors Limited
  6. News
  7. Summary
    500570   INE155A01022

TATA MOTORS LIMITED

(500570)
  Report
End-of-day quote. End-of-day quote Bombay Stock Exchange - 09/23
321.55 INR   +3.71%
03:33aTATA MOTORS' : Electric Vehicles Sales Hit 10,000 Mark
MT
02:50aAIRBUS : India formalises acquisition of 56 Airbus C295 aircraft
RE
09/23Asian ADRs Move Higher in Thursday Trading
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

TATA MOTORS : Form 6-K)

07/21/2021 | 01:18pm EDT

TATA MOTORS LIMITED

Bombay House

24, Homi Mody Street,

Mumbai 400 001, Maharashtra, India

Intimation of outcome of Board constituted Committee Meeting held on July 20, 2021, to consider offering for subscription Non-Convertible Debentures aggregating upto ₹500 crores on a private placement basis

July 21, 2021, Mumbai: In furtherance to our filing dated July 15, 2021 and pursuant to the provisions of Regulation 30 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Regulations') read together with Para A of Part A of Schedule III of the Regulations, we hereby inform that a meeting of the duly authorized Committee was held today from 9:30 a.m. to 9:40 a.m. approving offering for subscription, on a private placement basis, upto 5,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures ('NCDs') E30-B Series of face value ₹10,00,000/- each, at par, aggregating upto ₹500 crores.

As required under the said Regulations, given below are the relevant details of the said issuance:

Debenture

Series

Offer

Size

Face value

of security

Interest payable

Tenor

Redemption

Debt Listing

E30B

₹500

crores

₹10,00,000

Annual and on

Redemption

Deemed date of allotment - July 22, 2021 Period of Maturity - 1713 days

March

31, 2026

BSE Limited and National Stock Exchange of India Limited

i.

Credit Rating - Credit Rating Information Services of India Limited (CRISIL) has assigned 'CRISIL AA-' (Double A minus rating with Stable outlook) rating vide its letters dated July 14, 2021;

ii.

Charge/security, if any, created over the assets - Nil, the NCDs are unsecured;

iii.

Special right/interest/privileges attached to the instrument and changes thereof - Nil;

iv.

Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal - Nil;

v.

Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any - Not applicable;

This is for the information of the Exchanges and of the Debenture holders.

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India's largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 9 associate companies, 4 joint ventures and 2 joint operations as on March 31, 2021.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India's market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With 'Connecting Aspirations' at the core of its brand promise, the

company's innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

To know more, please visit (www.tatamotors.com; also follow us on Twitter: https://twitter.com/TataMotors)

Media Contact Information:

Tata Motors Corporate Communications: +91 22-66657613 / indiacorpcomm@tatamotors.com

Safe Harbor: Statements included herein may constitute 'forward-looking statements'. Forward-looking statements are based on expectations, forecasts and assumptions by management and involve risks, uncertainties, and other factors that may cause our actual results, performance or achievements to materially differ from those stated. We cannot be certain that any expectation, forecast or assumption made by management in preparing these forward-looking statements will prove accurate, or that any projection will be realized. More detailed information about these and other factors that could affect future results is contained in our annual reports and filings with the Securities and Exchange Commission. Our forward-looking statements pertain to the date of their initial issuance, and we do not undertake to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Disclaimer

Tata Motors Limited published this content on 21 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2021 17:17:09 UTC.


ę Publicnow 2021
All news about TATA MOTORS LIMITED
03:33aTATA MOTORS' : Electric Vehicles Sales Hit 10,000 Mark
MT
02:50aAIRBUS : India formalises acquisition of 56 Airbus C295 aircraft
RE
09/23Asian ADRs Move Higher in Thursday Trading
MT
09/23Indian Benchmarks Settle in Green on Thursday; Bajaj Finserv Jumps 5%
MT
09/22Asian ADRs Move Higher in Wednesday Trading
MT
09/22Indian Benchmarks Close in Red Midweek; Zee Entertainment Enterprises Soars 31%
MT
09/22German auto giants place their bets on hydrogen cars
RE
09/21TATA MOTORS : Press Release – Increase in commercial vehicle prices from 1st October..
PU
09/21TATA MOTORS : to increase prices of its commercial vehicles from 1st October 2021
PU
09/21Asian ADRs Rebound Tuesday
MT
More news
Analyst Recommendations on TATA MOTORS LIMITED
More recommendations
Financials
Sales 2022 2 987 B 40 530 M 40 530 M
Net income 2022 17 304 M 235 M 235 M
Net Debt 2022 702 B 9 529 M 9 529 M
P/E ratio 2022 75,3x
Yield 2022 0,04%
Capitalization 1 151 B 15 609 M 15 624 M
EV / Sales 2022 0,62x
EV / Sales 2023 0,47x
Nbr of Employees 75 278
Free-Float 98,9%
Chart TATA MOTORS LIMITED
Duration : Period :
Tata Motors Limited Technical Analysis Chart | 500570 | INE155A01022 | MarketScreener
Technical analysis trends TATA MOTORS LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 321,55 INR
Average target price 352,71 INR
Spread / Average Target 9,69%
EPS Revisions
Managers and Directors
Thomas Flack Co-President & Chief Purchasing Officer
Rajendra Petkar Co-President & Chief Technology Officer
Ravindra Kumar G.P Co-President & Chief Human Resources Officer
Pathamadai B. Balaji Group Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
Sector and Competitors
1st jan.Capi. (M$)
TATA MOTORS LIMITED75.04%15 609
TOYOTA MOTOR CORPORATION23.41%247 113
VOLKSWAGEN AG24.20%139 036
DAIMLER AG26.35%91 679
GENERAL MOTORS COMPANY24.69%75 374
GREAT WALL MOTOR COMPANY LIMITED9.21%63 384