Tata Motors Ltd


BSE: 500570 | NSE: TATAMOTORS | ISIN: INE155A01022 
Market Cap: [Rs.Cr.] 96,824 | Face Value: [Rs.] 2
Industry: Automobiles - LCVs / HCVs

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Board Meet

29-May-13 
Tata Motors Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 29, 2013, inter alia, to consider the Audited Financial Results and the dividend, if any, for the financial year ended March 31, 2013. 
14-Feb-13 
Tata Motors Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 14, 2013, interalia, to consider the audited Standalone Results as well as the unaudited Consolidated results (with limited review) for the third quarter ended December 31, 2012 of the Accounting Year 2012-2013 (Q3). 
13-Dec-12 
Tata Motors Ltd has informed BSE that Board of Directors on December 13, 2012 announced the appointment of Mr Cyrus P Mistry as the Chairman of the Board w.e.f. December 28, 2012 on the retirement of Mr Ratan N Tata . The Board conferred on Mr. Tata the honorary title of Chairman Emeritus. 
07-Nov-12 
Tata Motors Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 07, 2012. to consider, inter alia, the audited Stand-alone Results as well as the unaudited Consolidated results (with limited review) for the second quarter and half year ended September 30, 2012 of the Financial Year 2012-13 (Q2). 
14-Aug-12 
Tata Motors Ltd. Inter alia,appointed Mr.Karl Slym as the Managing Director of the Company w.e.f. October 01,2012. 

AGM

10-Aug-12
Decided that the Annual General Meeting of the Company would be held on August 10, 2012 at Birla Matushri Sabhagar, 19, Sir Vithaldas Thackersey Marg, Mumbai - 400 020. Tata Motors Ltd has informed BSE that the 67th Annual General Meeting (AGM) of the Company will be held on August 10, 2012. Tata Motors Ltd has informed BSE that the 67th Annual General Meeting (AGM) of the Company will be held on August 10, 2012. (For more details kindly refer Corporate Announcements on www.bseindia.com). (As Per BSE Announcement Website Dated on 18/07/2012) 
12-Aug-11
Tata Motors Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 21, 2011 to August 12, 2011 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on August 12, 2011. Tata Motors Limited has informed the Exchange that the Annual General Meeting of the Members of the Company will be held on August 12, 2011. (As Per NSE Bulletin Dated on 03/08/2011) Tata Motors Ltd has informed BSE that has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on August 12, 2011, inter alia, have passed the resolution for sub-division of 70,00,00,000 Ordinary Shares and 20,00,00,000 'A' Ordinary Shares both having a face value of Rs. 10/- each in the Authorised Share Capital of the Company, into 3,50,00,00,000 Ordinary Shares and 1,00,00,00,000 'A' Ordinary Shares both of Rs. 2/- each and that 30,00,00,000 Convertible Cumulative Preference Shares of Rs. 100/- each in the Authorised Share Capital of the Company would remain unchanged and that Clause V of the Memorandum of Association of the Company be altered accordingly, subject to necessary provisions and approvals. Tata Motors Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on August 12, 2011, inter alia, have unanimously passed the following resolutions, with requisite majority: 1. To receive, consider and adopt the Audited Profit and Loss Account for the year ended March 31, 2011 and the Balance Sheet as at that date together with the Reports of the Directors and the Auditors thereon. 2. To declare a dividend on Ordinary Shares and 'A' Ordinary Shares. 3. To appoint a Director in place of Mr. Ravi Kant, who retires by rotation and is eligible for re-appointment. 4. To appoint a Director in place of Mr. N. N. Wadia, who retires by rotation and is eligible for re-appointment. 5. To appoint a Director in place of Mr. S. M. Palia who retires by rotation and is eligible for re-appointment. 6. To appoint Auditors and fix their remuneration. 7. Appointment of Dr. Ralf Speth as a Director. 8. Sub-division of Ordinary and 'A' Ordinary Shares of the Company. (As Per BSE Announcement Website dated on 16.08.2011) 
01-Sep-10
Tata Motors Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 12, 2010 to September 01, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on September 01, 2010 Tata Motors Ltd has informed BSE that the members at the 65th Annual General Meeting (AGM) of the Company held on September 01, 2010, inter alia, have accorded to the following: 1. Adoption of the Audited Profit & Loss Account for the year ended March 31, 2010 and the Balance Sheet as at that date together with the Report of the Directors and the Auditors thereon. 2. Declared a dividend of Rs. 15/- per Ordinary Share and 115.50 per 'A' Ordinary Share, on 50,63,67,730 Ordinary Shares and 6,41,76,680 'A' Ordinary Shares, respectively of the Company for the year ended March 31, 2010. 3. Re-appointed Mr. Ratan N Tata & Dr. R A Mashelkar as Directors. 4. Mr. R Gopalakrishnan, a Director liable to retire by rotation, who does not seek re-election, be not re-appointed a Director of the Company. The vacancy, so created on the Board of Directors of the Company, be not filled. 5. Re-appointed Messrs. Deloitte Haskins & Sells, Mumbai as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting and to examine and audit the Accounts of the Company for the Financial Year 2010-2011, on remuneration, terms & conditions. 6. Appointed Mr. Ranendra Sen, Mr. Carl-Peter Forster & Mr. V. K. Jairath as Directors of the Company. 7. Approves the appointment and terms of remuneration of Mr. Carl-Peter Forster as the Chief Executive Officer and Managing Director of the Company for the period from April 01, 2010 to March 31, 2013, upon the terms and conditions, including the remuneration to be paid in the event of inadequacy of profits in any financial year as set out in the Explanatory Statement annexed to the Notice convening this meeting, with liberty to the Directors to alter and vary the terms and conditions of the said appointment in such manner as may be agreed to between the Directors and Mr. Forster. (As Per BSE Announcement Dated on 13.10.2010) 
25-Aug-09
Tata Motors Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 05, 2009 to August 25, 2009 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on August 25, 2009. Tata Motors Ltd has informed BSE that the members at the 64th Annual General Meeting (AGM) of the Company held on August 25, 2009, inter alia, have accorded to the following: 1. Adoption of the Audited Profit & Loss Account for the year ended March 31, 2009 and the Balance Sheet as at that date together with the Report of the Directors and the Auditors thereon. 2. Declaration of a dividend of Rs. 6/- per Ordinary Share and Rs. 6.50 per 'A' Ordinary Share, of the Company for the year ended March 31, 2009. 3. Re-appointment of Mr. N. N. Wadia & Mr. S. M. Palia, as Directors of the Company. 4. Re-appointment of Messrs. Deloitte Haskins & Sells, Mumbai, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting and to examine and audit the Accounts of the Company for the Financial Year 2009-2010, on remuneration terms & conditions. 5. Appointment of Mr. N. Munjee & Mr. S. Bhargava, Mr. V. K. Jairath & Mr. Ravi Kant as Directors of the Company. 6. Appointment and terms of remuneration of Mr. P. M. Telang as the Managing Director - India Operations of the Company for the period from June 02, 2009 to June 21, 2012, upon the terms and conditions. 7. Appointment of Mr. R. L. Choudhary as a Director of the Company. (As per BSE Announcement Dated on 06.10.2009) 
24-Jul-08
Tata Motors Ltd has informed BSE that the Annual General Meeting (AGM) of the members of the Company will be held on July 24, 2008. Tata Motors Ltd has informed BSE that the members at the 63rd Annual General Meeting (AGM) of the Company held on July 24, 2008, inter alia, have accorded the following: 1. Adoption of the Audited Profit & Loss Account for the year ended March 31, 2008 and the Balance Sheet as at that date together with the Report of the Directors and the Auditors thereon. 2. Declaration of Dividend of Rs 15/- per Ordinary Share for the year ended March 31, 2008. 3. Re-appointment of Mr. Ratan N Tata & Mr. R Gopalkrishnan as Directors of the Company. 4. Re-appointment of Messrs. Deloitte Haskins & Sells, Mumbai, Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting and to examine and audit the accounts of the Company for the Financial Year 2008-2009 on remuneration, terms & Conditions. 5. Appointment of Dr. R A Mashelkar as a Director of the Company. 6. A sum not exceeding one per cent per annum of the net profits of the Company calculated in accordance with the provisions of Sections 198, 349 and 350 of the Act, be paid to and distributed amongst the non-Whole-time Directors of the Company or some or any of them in such amounts or proportions and in such manner and in all respects as may be decided and directed by the Board of Directors and such payments shall be made in respect of the profits of the Company for each year, for a period of five financial years commencing from April 01, 2008. 7. Approval to the revision in the terms of remuneration of Mr Ravi Kant, Managing Director of the Company by way of an increase in the maximum amount of his salary (including the remuneration to be paid in the event of loss or inadequacy of profits in any financial year during the tenure of his appointment), with authority to the Board of Directors or a Committee thereof to fix his salary within such maximum amount, increasing thereby, proportionately, all benefits related to the quantum of salary, with effect from April 01, 2008, for the remainder of the tenure of his appointment i.e., upto and including June 01, 2009, as set out in the Explanatory Statement annexed to the Notice convening this Meeting. (As per BSE Announcement dated on 05/09/2008) 

EGM

26-Apr-05
The Company has informed that pursuant to the order of the Hon'ble High Court of Judicature at Bombay, separate meetings of Secured Creditors, Unsecured Creditors & Extra Ordinary General Meeting of the Shareholders of the Company will be held on April 26, 2005, for the purpose of considering, and, if thought fit, approving with or without modification(s), the proposed Scheme of Reorganisation and Amalgamation of Tata Finance Ltd with the Company. 
08-Apr-04
EGM 08/04/2004 To consider the proposal for raising of additional long term resources upto US $ 500 million. Tata Motors Limited has informed the Exchange that an EGM of the Company is to be convened on April 08, 2004, to consider the proposal for raising of additional long term resources upto US$ 500 Million. (AS per NSE Bulletin dated on 15/03/2004) The company has informed that at the EGM of the company held on 08/04/2004, the members of the company have approved to offer, issue abd allot in one or more tranches, in the course of an international offering(s) to FIs including FIs, NRIs, Corporate Bodies, MFS, Banks, Insurance Companies, Pension Funds, Individuals or otherwise, whether shareholders of the company or not, through public issue and or on a private placement basis, debentures whether partly / fully convertible bonds and / or securities linked to ordinary shares and / or FCCB and / or ordinary shares through depository receipts and / or bonds with share warrants attached, secured or unsecured so however that the total amount raised through the aforesaid securities should not exceed Rs.2250 crores, equivakent to US$ 500 million or thereabout. (As Per BSE Bulletin Date 25/05/2004) Tata Motors Limited has informed the Exchange that EGM of the company was held on April 8, 2004 to consider the proposal for raising of additional long term resources upto US$ 500 Million and the same has been approved by the members with requisite majority. (As per NSE Bulletin dated on 28/05/2004) Tata Motors Limited has informed the Exchange that further to the approval of the Shareholders at its EGM held on April 08, 2004, the Company has issued Zero Coupon Convertible Notes due 2011 , Convertible into Ordinary Shares or American Depository Shares, representing Ordinary Shares aggretating JPY 11.76 bn (equivalent US$ 100 Million). The Notes have not been offered in the Republic of India. (As per NSE Bulletin dated on 23/03/2006) 
27-Mar-02
EGM of the company will be held on 27.03.02 to consider the proposal on financial restructuring and reduction of share capital. The company has further informed that the Hon'ble High Court of Judicature, at Bombay, on 02/05/02 granted approval to the Petition for financial restructuring by the company, in accordance with Sections 78 and 100 of the Companies Act, 1956. This is subsequent to the approval of the shareholders at the EGM held on 27/03/02, for financial restructuring, aggregating to approximately Rs.1180 crores. (BSE Bulletin dated 02.05.2002)  

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Tata Motors 96,823.94 56.10 4.75 24.39 8.3 8.0 0.81
Eicher Motors 9,401.54 47.81 14.95 41.08 20.6 23.5 0.03
Ashok Leyland 6,372.38 38.02 2.02 8.57 20.4 16.6 1.02
Force Motors 520.48 9.62 0.46 0.21 5.6 9.2 0.21
SML ISUZU 451.68 12.40 1.71 7.27 18.5 20.0 0.48

Futures & Options Quote

 
Expiry Date
294.50 8.80  [2.9]%
Instrument: FUTSTK
Expiry Date: 30 May 2013
Open Price: 304.20
Average Price: 296.69
No. of Contracts Traded: 13,212,000
Open Interest: 22,765,000
Underlying: TATAMOTORS
Market Lot: 1000
Previous Close: 303.30
Day’s High | Low: 304.70 | 293.20
Turnover (Cr.): 391.99
Open Int. Change: 613,000.00 (2.8% )
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Key Information

Key Executives:

Ratan N Tata , Chairman Emeritus  

Cyrus P Mistry , Chairman  

Ravi Kant , Vice Chairman  

H K Sethna , Company Secretary  


Company Head Office / Quarters:
Bombay House,
24 Homi Mody Street Fort,
Mumbai,
Maharashtra-400001
Phone : 91-22-66658282
Fax : 91-22-66657799
E-mail : inv_rel@tatamotors.com
Web : http://www.tatamotors.com
Registrars:
TSR Darashaw Ltd
6-10 Haji Moosa
Patrawala Ind.Estate
DrEMoses Rd Mahalaxm
Mumbai - 400 011

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