logo
Tata Motors allots 1.13 lakh equity shares under ESOP

Tata Motors allots 1.13 lakh equity shares under ESOP

Tata Motors has allotted 1,13,583 equity shares under the Tata Motors Limited Share-based Long Term Incentive Scheme 2021. Consequent to the aforesaid allotment, the paid-up Ordinary/Equity Share Capital of the Company stands increased from Rs 7,36,31,74,989 divided into 3,68,13,48,742 Ordinary/Equity Shares of Rs 2 each to Rs 7,36,34,02,155 divided into 3,68,14,62,325 Ordinary/Equity Shares of Rs 2 each (considering the amount of subscribed share capital plus shares forfeited less calls in arrears).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tata Harrier EV Launching Tomorrow: Here's All You Need To Know
Tata Harrier EV Launching Tomorrow: Here's All You Need To Know

NDTV

time32 minutes ago

  • NDTV

Tata Harrier EV Launching Tomorrow: Here's All You Need To Know

Tata Motors is set to expand its electric vehicle lineup with the launch of the Harrier EV, scheduled for June 3, 2025. This new model will be Tata's sixth electric offering, following the Tiago EV, Tigor EV, Punch EV, Nexon EV, and Curvv EV. Here is an article about the Tata Harrier EV and what we know about it so far. Tata Harrier EV: Design The Harrier EV looks similar to its internal combustion engine (ICE), however, it carries some EV-specific highlights on the front. The Tata Harrier EV is built on a new electric vehicle platform called Gen 2. It features a body-colored front grille typical of electric vehicles, along with signature split headlights and LED indicators. The daytime running lights are connected by a silver grille, and the SUV has updated bumpers, new skid plates, and fresh alloy wheels. You'll find the charging port on the right side of the vehicle. Tata Harrier EV: Features The Harrier EV has a cabin similar to its internal combustion engine (ICE) iteration, with a fully black Stealth Edition and a dual-tone dashboard in the standard model. It features a 12.3-inch Harman infotainment system, a 10.25-inch digital instrument cluster, and options like wireless Android Auto and Apple CarPlay, a premium JBL sound system, dual-zone climate control, a voice-assisted sunroof, and advanced connected car tech. The EV will also support vehicle-to-load (V2L) and vehicle-to-vehicle (V2V) charging. Tata Harrier EV: Powertrain Tata Motors has announced that the Harrier EV will have a dual-motor, all-wheel-drive system, although specific powertrain details are still pending. In their latest ad campaign, the SUV showcases its ability to tackle a steep 34-degree incline. While the exact power output isn't disclosed, it will provide a peak torque of 500 Nm. Additionally, it's anticipated to offer a range of over 500 km on a single charge, but the battery capacity has yet to be announced. Tata Harrier EV: Safety And Features The Harrier EV is expected to keep its rugged capabilities alongside its electric powertrain. Recent teasers suggest it will include off-road terrain modes like Rock Crawl, Snow, and Sand. Additional features may include an off-road boost mode, a transparent driving mode, off-road cruise assist, and a 360-degree camera system. Tata Harrier EV Rock Crawl Mode It is anticipated that the Harrier EV will have up to seven airbags, including a knee airbag, Level 2 Advanced Driver Assistance Systems (ADAS), and front and rear parking sensors, among other features. Tata Harrier EV: Price Expected The expected price of the Tata Harrier EV ranges from Rs 24 Lakh (ex-showroom) to Rs 30 Lakh (ex-showroom), depending on the model and features chosen. Upon its launch, it will go head-to-head with competitors like the Mahindra BE 6, which is already available in the market.

Maruti, Hyundai, Tata see flat vehicle sales in May amid sluggish demand
Maruti, Hyundai, Tata see flat vehicle sales in May amid sluggish demand

Time of India

timean hour ago

  • Time of India

Maruti, Hyundai, Tata see flat vehicle sales in May amid sluggish demand

India's leading car makers Maruti Suzuki , Hyundai Motor India and Tata Motors all sold fewer vehicles in May from a year ago as sluggish demand, especially at the entry-level, kept the dispatches flat. However, Korean auto major Hyundai Motor India climbed up the ranks to the third spot in the passenger vehicle market in May ahead of Tata Motors, but trailed Mahindra & Mahindra (M&M), which retained the second slot for the second straight month this year. Market leader Maruti Suzuki remained ahead of rivals with sales of 135,962 units, but volumes fell by about 6% in May. Hyundai too saw volumes dip by 10.8% to 43,861 units last month but managed to stay ahead of Tata Motors with a lead of 2,304 units. At Tata Motors, sales slid 11% to 41,557 units. All three companies lost market share in the range 150-220 basis points in May. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like She Was Everyone's Dream Girl In 90's, This Is Her Recently. Investructor Undo Mahindra & Mahindra (M&M) and Toyota Kirloskar Motor (TKM) bucked the trend, growing market share to 14.9% (+ 260 bp) and 8.3% (+150 bp), respectively. Mahindra and Toyota took major strides on the back of its refreshed portfolio of SUVs over the last couple of years – sales share from metros for the companies rose to 24% (from 14% in FY21) and to 35% (from 31% in FY21), respectively, data from automotive consultancy firm JATO Dynamics showed. Mahindra is in the process of expanding capacity by 24% to 67,000 units per month by the end of FY27. The company is also looking to set up a new greenfield facility to meet demand, in the mid-term. Live Events 'Our current SUV capacity utilisation is already over 90%. With the new products we are planning to launch, it's clear we will need additional capacity,' Rajesh Jejurikar, executive director and chief executive officer (automotive and farm sector) said in a recent interaction, In May, Partho Banerjee, senior executive officer (marketing and sales) at Maruti Suzuki said, while small car sales have been on a slide impacting more automakers in the segment, demand for SUVs too has waned. 'If we leave out the new models which have come in the last year, industry volumes fell by 8% in May', Banerjee said, adding military operations in border areas of Gujarat, Maharashtra and Jammu & Kashmir also hit the company's sales last month. These states account for 9% of total sales of Maruti Suzuki. Banerjee, however, said forecasts of above normal monsoons are a 'good sign' and coming months 'will be better.' Hyundai Motor India said while the week-long maintenance shutdown at its manufacturing facility in Tamil Nadu last month affected availability of critical models, it is confident of growing sales going ahead. HMIL Chief Operating Officer Tarun Grag said he is 'hopeful of a steady increase in demand with reduced uncertainty on the geo-political front and improved macro-economic situation.' The recent revisions in income tax slabs coupled with rate cuts being engineered by the central bank will enhance affordability among buyers, said Vivek Srivatsa, chief commercial officer at Tata Passenger Electric Mobility, told ET. 'It will release disposable income and boost consumption. But where customers spend the money is a challenge. During and after covid, demand for personal mobility took a huge jump. That has now reduced a bit. Experiences, travelling with family, these things are now more of a priority', said Srivatsa, who also heads operations of the company's internal combustion engine passenger vehicles. Overall he expects the domestic market to grow by about 5% in FY26, he said. Separately, in the two-wheeler segment, Hero MotoCorp managed to edge past rival Honda Motorcycle & Scooter India (HMSI) to regain the top slot with sales of 488,997 units in May. Sales at the Japanese two-wheeler maker fell 7.4% to 417,256 units last month. COMPANY MAY 2024 MAY 2025 % CHANGE MARKET SHARE MAY 2024 MARKET SHARE MAY 2025 Maruti Suzuki 144,002 135,962 -5.6 41 38.8 Mahindra & Mahindra 43,218 52,431 21.3 12.3 14.9 Hyundai Motor India 49,151 43,861 -10.8 14 12.5 Tata Motors 46,697 41,557 -11 13.3 11.8 Toyota Kirloskar Motor 23,928 29,280 22.4 6.8 8.3 INDUSTRY 350,967 350,866 - Domestic sales only Source: Companies /SIAM`

Car Sales Stick to Slow Lane in May
Car Sales Stick to Slow Lane in May

Time of India

time2 hours ago

  • Time of India

Car Sales Stick to Slow Lane in May

HighlightsIndia's passenger vehicle market saw a marginal year-on-year increase of 0.1%, with approximately 352,000 vehicles sold in May 2024. Mahindra & Mahindra achieved a significant sales increase of 21%, selling 52,431 units, while Tata Motors experienced an 11% decline in sales to 41,557 units during the same period. Toyota Kirloskar Motor reported a 22% growth in sales, reaching 29,280 units, driven primarily by demand for Multi-Purpose Vehicles and Sports Utility Vehicles. India's passenger vehicle market remained flat in May even as Mahindra & Mahindra (M&M) and Toyota Kirloskar Motor clocked strong double-digit growth in volumes, riding on robust demand for their utility vehicle lineups. Overall, the industry sold about 352,000 cars, sedans and utility vehicles last month, marking a marginal 0.1% year-on-year increase, according to initial industry estimates. 'There is pressure in the market,' said a senior industry executive who requested not to be identified. 'But we also have to remember that the base is now very high. India is one of the very high markets in the world…selling more than four million passenger vehicles annually. So, even if the growth is modest, and is likely to remain so for some time, volumes are still good,' the person added. Retail sales are estimated to have declined by 0.8% year on year in May, industry insiders said. Most automakers in India report wholesale figures—factory dispatches to dealerships—and not retail sales to customers. Demand in the local market continues to be driven by SUVs. Homegrown auto major Mahindra continued to maintain its lead over rival Tata Motors in May, powered by demand for its range of utility vehicles. Mahindra sold 52,431 units last month, up 21% over 43,218 units sold in May 2024. Tata Motors' passenger vehicle sales fell 11% to 41,557 units from 46,697 units during the same period. 'Thanks to continued demand for our products, we were able to deliver industry-leading growth across our ICE (internal combustion engine powered by petrol or diesel) and BEV (battery electric vehicles) portfolio,' said Nalinikanth Gollagunta, CEO of automotive division at M&M. Toyota Kirloskar reported an increase of 22% to sell 29,280 units last month, with MPV and SUV segments continuing to be the primary growth drivers.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store