Tata Motors Passenger Vehicles Ltd.

Tata Motors has increased its Foreign Institutional Investors (FIIs) investment limit under portfolio Investment Scheme (PIS) in the Share Capital. Tata Motors has fixed the limit for holdings by FIIs in the ‘A’ ordinary share capital of the company at 75% of the AOS paid-up capital of the company. However, the Foreign Institutional Investor limit for ordinary shares of the company will remain unchanged at 35%.

Earlier on October 31, 2013, the company has received the Reserve Bank of India’s (RBI’s) approval to increase Foreign Institutional Investor (FII) investment limit through differential voting right shares up to 75%. Under the scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India.

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.