Tata Motors Passenger Vehicles Ltd.

Tata Motors has informed that pursuant to terms and conditions of the notes, the company has allotted 1,15,585 underlying ordinary shares of Rs 2 each (representing 23,117 ADSs arising out of conversion of 34% foreign currency convertible notes due in 2014 of $100,000 each) at a premium of Rs 118.119 per share.

The above information is a part of company’s filings submitted to BSE.