Tata Motors has granted 479,746 Performance Share Units (PSUs) to 384 eligible employees under the Tata Motors Limited Share-based Long Term Incentive Scheme 2024. The grant, approved on September 26, 2025, allows for the issuance of up to 5,000,000 Ordinary Shares upon exercise. The exercise price is set at ₹2 per PSU.
Performance Share Units Granted
Tata Motors has approved the grant of Performance Share Units (PSUs) to its eligible employees under the Tata Motors Limited Share-based Long Term Incentive Scheme 2024. The Nomination and Remuneration Committee approved the grant on September 26, 2025.
Key Details of the Grant
A total of 479,746 PSUs have been granted to 384 eligible employees. These PSUs can be exercised for Ordinary/Equity Shares, with a maximum of 5,000,000 shares available. The exercise price is ₹2 per PSU. The exercise period commences from the date of vesting and expires after twelve months.
Scheme Compliance
The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Source: BSE
