Pursuant to Regulation 30 of the SEBI LODR Regulations and our intimation bearing
sc nos. 17057 and 17287 dated December 12, 2022 and March 9, 2023, respectively, we informed that
Tata Technologies Limited, a subsidiary of Tata Motors Limited (the “Company/TML”) had filed a draft
red herring prospectus (“DRHP”) dated March 9, 2023 with the Securities and Exchange Board of India
for an initial public offering (“IPO”).
We now wish to inform you that the Company has been informed by Tata Technologies Limited that it
has filed today, the RHP dated Monday, November 13, 2023 with the Registrar of Companies,
Maharashtra at Pune . This IPO is an Offer For Sale (“Offer”) of upto 60,850,278 equity shares for cash
(“Equity Shares”), comprising of offer for (a) up to 46,275,000 Equity Shares by the Company; (b) up
to 9,716,853 Equity Shares by Alpha TC Holdings Pte. Ltd.; and (c) up to 4,858,425 Equity Shares by
Tata Capital Growth Fund I, each representing up to 11.41%, 2.40%, and 1.20%, respectively of the
paid-up Equity Share Capital of Tata Technologies Limited.
This IPO provides, inter alia, a reservation of up to 6,085,027 Equity Shares, i.e., 10% of the Offer, for
subscription by eligible shareholders of TML, i.e., Individuals and HUFs who are the public equity
shareholders (including shareholders holding Ordinary Shares and ‘A’ Ordinary Shares in TML and
excluding such persons who are not eligible to invest in the Offer under applicable laws, rules,
regulations and guidelines) as on the date of the filing of the RHP, i.e., Monday, November 13, 2023.
This IPO will be open for subscription by the public on Wednesday, November 22, 2023 and shall close
on Friday, November 24, 2023.
Zerodha (Trading Account)
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