Tata Motors Passenger Vehicles allots 1 lakh shares under ESOP
In short
Tata Motors Passenger Vehicles allotted 1 lakh equity shares under its ESOP.
The company said its paid-up equity share capital is now Rs 7,36,64,61,785, split into 3,68,29,92,140 shares of Rs 2 each. The reporting does not say who received the shares or what price was paid.
What the reporting says
Tata Motors Passenger Vehicles allotted 1 lakh equity shares under its ESOP, and the company said the paid-up equity share capital now stands at Rs 7,36,64,61,785 divided into 3,68,29,92,140 equity shares of Rs 2 each. The available reporting does not state the exercise price, the number of beneficiaries, or the date of allotment. The dilution appears small, but the exact trading impact is not stated.
Why it matters
The ESOP allotment slightly increases Tata Motors Passenger Vehicles’ share count and paid-up capital. That can matter for existing shareholders because it adds to dilution, though the reported size is limited relative to the full capital base. The source gives the new capital figure but does not state the allotment date, exercise price, or employee allocation details.