Tata Motors : Incorporation of a new Wholly Owned Subsidiary of the Company

BSE Limited	Listing Compliance Department
First Floor, New Trading Ring	National Stock Exchange of India Ltd.
Rotunda Building, P J Towers,	Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Fort, Mumbai 400 001	Bandra (E), Mumbai 400 051
Kind Attn: Mr Khushro A. Bulsara	Kind Attn: Mr Lokesh Bhandari
General Manager & Head	Senior Manager
Listing Compliance & Legal Regulatory	Listing & Compliance
June 8, 2021
Sc no- 16396
Dear Sirs,

Sub: Incorporation of a new Wholly Owned Subsidiary of the Company

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Stock Exchanges that a new wholly owned subsidiary named 'TML CV Mobility Solutions Limited' [CIN: U50500MH2021PLC361754] has been incorporated as a wholly owned subsidiary of Tata Motors Limited.

Enclosed in Annexure I to this letter are disclosures pursuant to Regulation 30 of the Listing Regulations read with the SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.

This is for the information of the exchange and the members.

Yours faithfully,

Tata Motors Limited

Hoshang K Sethna

Company Secretary

Encl: As attached

Annexure I

S. No.		Particulars				Details
1.	Name of the Target Company, details in	Name : TML CV Mobility Solutions Limited
	brief such as size, turnover, etc.			Authorised Share Capital: ₹5,00,000/- (Five lakhs only)
							Size/Turnover: Not Applicable (Incorporated on June 7,
							2021)
2.	Whether the acquisition would fall	No.
	within the related party transaction(s)	TML CV Mobility Solutions Limited is promoted by Tata
	and whether the promoter /promoter	Motors Limited and is a newly incorporated Company.
	group/ group companies have any
	interest in the entity being acquired?		The Promoter group/group companies of Tata Motors
	If yes, nature of interest and details
	Limited do not have any interest in TML CV Mobility
	thereof and whether the same is done at	Solutions Limited.
	"arms length"
3.	Industry to which the entity being	NIC code-50: Sale, maintenance and repair of
	acquired belongs				electric/commercial vehicles.
4.	Objects and effects of acquisition	TML CV Mobility Solutions Limited was incorporated to
	(including but not limited to, disclosure	provide end to end services of operating, repair and
	of reasons for acquisition of target	maintenance including annual maintenance contracts
	entity, if its						(AMC) and Fleet Management Services (FMS) for the
	business is outside the main line of	automotive including electric mobility/electric vehicles,
	business of the listed entity)			electric buses, Fuel Cell buses, all types of commercial
							vehicles etc.
5.	Brief details of any governmental or	NA
	regulatory approvals required for the
	acquisition
6.	Indicative time period for completion of	N.A
	the acquisition
7.	Nature of consideration - whether Cash	Cash consideration
	consideration	cash consideration	or
	share swap and details of the same
8.	Cost of acquisition or the price at which	Initial subscription amount of ₹5,00,000/- towards
	shares are acquired				subscribing to 50,000 equity shares at face value of ₹10/-
							each.
9.	Percentage	of	shareholding/	control	The Company has authorized capital of 50,000 equity
	acquired and/ or number of shares	shares of ₹10/- each aggregating to ₹5,00,000/-
	acquired						Tata Motors Limited holds 100% shareholding in TML CV
							Mobility Solutions Limited.
10.	Brief background about the entity	Product/line of business: To undertake or carry the business
	acquired in terms of product/line of and	of providing end to end services of operating, repair and
	business	acquired,	date	of	maintenance including annual maintenance contracts
	incorporation,	history of	last	3 years	(AMC) and Fleet Management Services (FMS) for the

	turnover, country in which	automotive including electric mobility/electric vehicles,
	the acquired entity has presence and any	electric buses, Fuel Cell buses, all types of commercial
	other significant information (in brief)	vehicles etc.
		Date of Incorporation: June 7, 2021
		History/Turnover: N.A
		Country: India