Tata Motors Passenger Vehicles Ltd.

Tata Steel as part of its portfolio restructuring has on September 18, 2015 sold 38,520,801 shares of Tata Motors to institutional investors over the stock exchange for a total consideration of Rs 1250.69 crore.

Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.