Tata Motors Acquisition Worth ₹2,726 Cr
Tata Motors' subsidiary reached 96.25% of Iveco Group via a reopened tender. Payment at EUR 14.40 per share is due 13 November 2026, followed by a squeeze-out.
- Value
- ₹2,726 Cr
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Tata Motors' subsidiary reached 96.25% of Iveco Group via a reopened tender. Payment at EUR 14.40 per share is due 13 November 2026, followed by a squeeze-out.
Tata Motors' subsidiary reached about 96.29% of Iveco Group's shares in a reopened tender offer. Tendered shares worth ₹2,794.69 Crore are payable November 13, 2026.
Tata Motors reported October 2026 commercial vehicle sales of 47,652 units, up 27% year-on-year. Domestic sales rose 13% to 39,784 units, with international business up 225%.
B S R & Co. LLP resigned as statutory auditor, citing Iveco group alignment. Deloitte Haskins & Sells LLP was appointed to fill the vacancy.
Tata Motors allotted 41,981 equity shares under its Share-based Long Term Incentive Scheme on exercise of performance share units at ₹2 each. Paid-up capital rises to ₹7,36,56,62,666 across 3,68,28,31,333 shares.
Tata Motors secured a 3,000 electric truck order from Amazon for its Indian logistics network. Initial rollout begins in Delhi, expanding to the 2,800-km NH48 corridor.
Tata Motors' subsidiary's Iveco tender offer reached 89.42% shareholding, satisfying the threshold condition. Provisional tendered value is EUR 3.43 billion; payment is due 30 October 2026.
Tata Motors delivered strong revenue growth driven by double-digit volume expansion and international orders, though commodity inflation and supply constraints in EVs tempered structural margin gains.
Q2 FY27 standalone revenue ₹23.9K Cr (+42% YoY), EBITDA ₹2.8K Cr (11.7% margin). Consolidated revenue ₹25.3K Cr (+36%), PAT ₹1,253 Cr vs prior-year loss. Iveco offer nearing close.
Tata Motors Ltd reported revenue from operations of ₹25,338 Cr (+36.3% YoY) and net profit of ₹1,254 Cr for Q2 FY27.
Tata Motors Ltd has filed its quarterly shareholding pattern as of September 30, 2026, disclosing the latest promoter and public shareholding structure.
Tata Motors is increasing its voluntary tender offer price for Iveco Group N.V. to Euro 14.40, with a new maximum aggregate disbursement of Euro 3,905,501,760.
Tata Motors Limited reported Q2 FY27 sales of 1,35,114 units, achieving a 42.7% year-on-year growth. Monthly sales for September 2026 reached 51,062 units across domestic and international markets.
Tata Motors' subsidiary, TML Smart City Mobility Solutions, acquired Mateshwari E-Smart Mobility for Rs.0.02 Crore. The acquisition supports electric bus operations in Telangana.
Tata Motors' subsidiary, TML Smart City Mobility Solutions, acquired a 26% stake in Mateshwari E-Smart Mobility for ₹2.60 Lakh to operate electric buses.
Tata Motors announced it received an ESG score of 75.3 (Rating B+) from SES ESG. The company clarifies it did not engage the agency for this assessment.
Tata Motors has scheduled a board meeting for October 23, 2026, to approve its audited standalone and unaudited consolidated financial results for the quarter ending September 30, 2026.
Tata Motors (CV) announced up to 1% price increase on commercial vehicles effective October 2026, citing rising commodity costs. No absolute monetary value was disclosed.