Tata Motors News

Pursuant to reg 39(3) of SEBI (LODR) Regulations, 2015, please find enclosed intimation for loss of share certificates.

Wholesale volumes across various segments of the automobile industry in June 2024 are expected to show a subdued trend. This is primarily due to the absence of wedding dates, as stated in an Anand Rathi report. Analysts predict a mixed performance in the market. Two-wheeler (2W) volumes are anticipated to be resilient, while passenger vehicles (PVs) and commercial vehicles (CVs) are expected to see slight declines. Tractor volumes are likely to remain flat.

Tata Motors expects policy continuity in the upcoming Union Budget and calls for more players in the charging infrastructure space for faster adoption of electric mobility in India. The new NDA government is expected to present the Union Budget next month, with GST and PLI schemes already in place.

Tata Motors targets significant market share growth by FY30, focusing on EVs, CNG vehicles, and new product offerings. The company strategically prepares for upcoming CAFE III norms and aims to capitalize on industry transitions for sustainable growth.

Tata Motors is eyeing 30-40 per cent sales from EVs by FY30 and is planning to spend about Rs 18,000 crore to develope an ecosystem for the electric vehicle business. Over the next two years, the company has scheduled for launch Curvv EV, Curvv ICE ( internal combustion engine) and Sierra EV.

Please find enclosed the voting results of the 79th Annual General Meeting of Tata Motors Limited and the Scrutinizer''s report dated June 25, 2024.

Pursuant to Reg 30 of SEBI (LODR) Regulations, 2015, please find enclosed the copy of advertisement regarding ''Notice of Hearing of Company Scheme Petition'' in the matter of Scheme of Arrangement of Tata Motors Limited and its shareholders and creditors, published on June 26, 2024.

Pursuant to Reg 39(3) of SEBI (LODR) Regulations, 2015, please find enclosed intimation for loss of share certificates.

Pursuant to reg 39(3) of SEBI (LODR) Regulations, 2015, please find enclosed intimation for issue of duplicate share certificates.

Pursuant to Reg 39(3) of SEBI (LODR) Regulations, 2015, please find enclosed intimation for loss of share certificates.

Just as Indian stock markets are trading near record highs, Hyundai expects the listing of the equity shares in India "will enhance our visibility and brand image", and "provide liquidity and a public market" for the shares.

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith the proceedings of the 79th Annual General Meeting of Tata Motors Limited.

Tata Motors is planning to demerge its existing automotive businesses into two listed entities, a move aimed at enhancing synergies across its Passenger Vehicles (PV) and Jaguar Land Rover (JLR) segments. This step is expected to boost collaborations in electric vehicles (EVs) and autonomous vehicles. Tata Motors Chairman N Chandrasekaran made this announcement at the company's 79th Annual General Meeting on Monday.

Adani Ports joins Sensex as Wipro exits. The inclusion of APSEZ brings $259 million in passive inflows. Seven stocks' weights to rise: Bharti Airtel, Infosys, Kotak Mahindra Bank, ICICI Bank, Tech Mahindra, Tata Steel, and IndusInd Bank.

Carmakers from industry leader Maruti Suzuki to Tata Motors, Toyota Motor, Honda and Citroen, a relatively newcomer in the Indian market, offer diverse options in powertrains, from petrol, diesel and CNG to flexible fuel, electric and hybrid.

Pursuant to Reg 39(3) of SEBI (LODR) Regulations, 2015, please find enclosed intimation for issue of duplicate share certificates.

India gears up for a wave of SUV launches, including Tata Motors, Hyundai, Kia, and more, showcasing the industry's move towards sustainable transportation. Maruti Suzuki to unveil its first EV at Auto Expo 2025, and Mercedes-Benz targets a quarter of sales from EVs by 2026.

Pursuant to Reg 39(3) of SEBI (LODR) Regulations, 2015, please find enclosed intimation for loss of share certificates.

Indian equity indices, influenced by global trends, closed lower on Friday. The Sensex fell 269 points to 77,209, and the Nifty dropped 66 points to 23,501, impacted by Reliance Industries, L&T, and HDFC Bank.

Newspaper advertisement - Notice of Hearing of Company Scheme Petition

Indian benchmark equity indices opened higher led by information technology stocks after U.S. IT firm Accenture forecasted annual revenue growth above expectations.

Tata Motors, the renowned Indian automobile manufacturer, introduced Tata Motors Fleet Verse on Thursday, marking its debut as a robust digital marketplace tailored for the company's commercial vehicles. This platform facilitates various functionalities such as discovering new vehicles, configuring them, acquiring them, and arranging financing. It is designed with future scalability to accommodate a wide array of additional services and features, positioning Fleet Verse as a comprehensive digital hub catering to all commercial vehicle requirements in one place.

Pursuant to Reg 39(3) of SEBI (LODR) Regulations, 2015, please find enclosed intimation for loss of share certificates.

Macquarie upgraded Kotak Mahindra Bank, City Union Bank, and Bandhan Bank to outperform with raised target prices. They downgraded SBI to underperform but increased its target price.

The BSE Sensex was trading 64 points, or 0.08%, higher at 77,454. The Nifty50 was up 4 points, or 0.02%, trading at 23,520 around 9:27 am.

Passenger car sales surged 8% to a record 4.22 mn units in FY24 but have moderated since amid the heat wave, a long election season and a high base. Going by current vehicle registration trends on the government's Vahan portal, June growth is expected to be either flat or negative. ET reported June 17 that inventory levels at dealerships across the country were at 55-60 days against the norm of 30 days seen at this time of the year.

Tata Motors has increased its five-year investment in Jaguar Land Rover to £18 billion for FY24-FY28, up from £15 billion, focusing on developing electric vehicles and hybrid models. This aligns with JLR's "Reimagine" strategy. Additionally, JLR will partner with China's Chery to produce electric vehicles under the Freelander brand in China.

Tata Motors announced through an exchange filing on Wednesday that it will implement a price hike of up to 2% on its commercial vehicles starting July 1, 2024. This adjustment is a response to rising commodity prices, intended to counter their impact.

Please find enclosed the press release which is self explanatory.

Jaguar Land Rover is reviving the Freelander as an electric vehicle for the Chinese market through a partnership with Chery Automobile. Produced under their CJLR joint venture, the new Freelander aims to compete in China’s EV market and boost Tata Motors' electric profitability. Global expansion plans are also in place

Please find enclosed the presentation on Investor Day to be made by Jaguar Land Rover Limited, a wholly owned subsidiary of the Company.

Press Release- Jaguar Land Rover Limited and Cherry Automobile Company Limited announce new value creating model of collaboration for next era of electrification in China

Domestic markets start positively with Paytm, Indus Towers, Vedanta, Cipla, Gland Pharma in focus. ZEE appoints acting CFO. Tata Technologies partners with Microsoft. Wabco to sell ZF equity. Craftsman Automation launches QIP. Fosun Pharma reduces stake. Vedanta monetises steel business. Goldman Sachs sells One 97 shares; Vodafone sells Indus Towers shares; Generative AI hackathon.

Indian automakers are at a crossroads as they navigate the shift from internal combustion engines to electric vehicles. Consumers are showing a preference for hybrids over EVs, sparking debate among automakers. The government's proposed tax reduction for hybrids has divided industry leaders, with some advocating for incentives solely for electric vehicles. The potential impact on sales volumes and climate goals is a central point of contention.

Musk's compensation package not only outstrips TaMo but also surpasses the total revenues of other prominent Indian entities, including HPCL, SBI, Rajesh Exports, and TCS

Hyundai has joined Tata Motors and Mahindra & Mahindra in opposing tax breaks for hybrid vehicles in India, arguing it could disrupt the market for petrol and diesel cars. Japanese carmakers support lower taxes on strong hybrids, citing emissions reduction and fuel efficiency benefits. The debate underscores the auto industry's shift towards more sustainable technologies.

Hyundai has joined Tata Motors and Mahindra & Mahindra in opposing tax breaks for hybrid vehicles in India, arguing it could disrupt the market for petrol and diesel cars. Japanese carmakers support lower taxes on strong hybrids, citing emissions reduction and fuel efficiency benefits. The debate underscores the auto industry's shift towards more sustainable technologies.

The European Union's decision to hike tariffs on cheap electric vehicles made by Chinese companies has sparked concerns about unfair competition and the impact on the global auto sector. The move could lead to a reshuffling of the market dynamics, with potential consequences for both Chinese and European automakers.

Steady costs and firm domestic demand supported corporate performance in the March quarter.

Hyundai Motor India Ltd (HMIL) is planning a ₹25,000 crore IPO to drive its parent company's strategy of making India a key export hub. The company plans to introduce nearly half a dozen electric vehicles for local sales and exports as part of this ambitious strategy.