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MarketScreener Homepage  >  Equities  >  MUMBAI STOCK EXCHANGE  >  Tata Motors Limited    500570   INE155A01022

TATA MOTORS LIMITED

(500570)
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Tata Motors : Appointment of Mr Mitsuhiko Yamashita as Additional and Independent Director of the Company

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09/16/2020 | 07:05am EDT

BSE Limited

National Stock Exchange of India Ltd.

First Floor, New Trading Ring

Exchange Plaza, 5th Floor

Rotunda Building, P J Towers

Plot No.C/1, G Block

Dalal Street, Fort

Bandra-Kurla Complex

Mumbai 400 001

Bandra (East), Mumbai 400 051

Kind Attn: Mr Khushro A. Bulsara

Kind Attn: Mr Lokesh Bhandari

General Manager & Head Listing

Senior Manager

Compliance & Legal Regulatory

Listing & Compliance

Septemeber 16, 2020

Sc.no:- 16109

Dear Sirs,

Ref: ISIN: INE155A01022 - Ordinary Shares and IN9155A01020 - 'A' Ordinary Shares

Re: Appointment of Mr Mitsuhiko Yamashita as Additional and Independent Director of the Company

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors based on the recommendation of Nomination and Remunertion Committee have appointed Mr Mitsuhiko Yamashita (DIN:0008871753) as an Additional and Independent Director, with effect from September 16, 2020 for a tenure of 5 years. Enclosed herewith are the brief details of the appointment as prescribed in Annexure A, the content of which is self-explanatory.

We also confirm that Mr Mitsuhiko Yamashita is not debarred from holding the office of director pursuant to any SEBI order or any such authority.

This is for the information to the exchanges and the members.

Yours faithfully,

Tata Motors Limited

HOSHANG KEKI SETHNA

Digitally signed by

HOSHANG KEKI SETHNA Date: 2020.09.16 14:21:12 +05'30'

Hoshang K Sethna Company Secretary

Annexure A

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015

Sr.

Particulars

Details

No.

1.

Reason for change viz. appointment,

Appointment

resignation,

removal,

death

or

otherwise;

2.

Date of appointment/cessation(as

September 16, 2020

applicable) & term of appointment;

Appointed as an Additional and Independent

Director for a tenure of 5 years, subject to

shareholders approval.

3.

Brief profile (in case of appointment);

Attached as Annexure B

4.

Disclosure of relationships between

Nil

directors (in case of appointment of

a Director).

Disclaimer

Tata Motors Limited published this content on 16 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2020 11:04:06 UTC


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Financials
Sales 2021 2 436 B 32 979 M 32 979 M
Net income 2021 -70 438 M -954 M -954 M
Net Debt 2021 834 B 11 295 M 11 295 M
P/E ratio 2021 -7,14x
Yield 2021 0,07%
Capitalization 452 B 6 129 M 6 125 M
EV / Sales 2021 0,53x
EV / Sales 2022 0,42x
Nbr of Employees 78 906
Free-Float 63,5%
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Technical analysis trends TATA MOTORS LIMITED
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 134,97 INR
Last Close Price 137,00 INR
Spread / Highest target 108%
Spread / Average Target -1,48%
Spread / Lowest Target -40,1%
EPS Revisions
Managers
NameTitle
Günter Karl Butschek Chief Executive Officer, Director & MD
Ravindra Kumar G.P President & Chief Human Resources Officer
Natarajan Chandrasekaran Non-Executive Chairman
Pathamadai B. Balaji Group Chief Financial Officer
Rajendra Petkar Chief Technology Officer
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