Tata Motors Ltd (TMCV)
Press Release
Tata Motors' subsidiary TML CV Holdings B.V. increased the tender offer price for Iveco Group shares from Euro 14.10 to Euro 14.40 per share, a cash increase of Euro 0.30. This new price is final and includes dividends, reflecting premiums of 6.77% to 67.98% over various historical price averages. The maximum aggregate disbursement rises to Euro 3.91bn. Funding secured via a Euro 85m credit facility from MUFG Bank. No other offer terms changed.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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