Tata Motors Ltd (TMCV)
Press Release
TML CV Holdings B.V., Tata Motors' wholly owned subsidiary, completed reopening of terms for voluntary totalitarian tender offer for Iveco Group shares. 18.2mn shares tendered, raising total holding to 96.25% of common share capital net of treasury shares. Offer price set at EUR 14.40/share. Payment date scheduled for 13-Nov-2026. Dutch legal squeeze-out to commence for remaining 3.68% shares. Borsa Italiana to suspend trading and/or delist Iveco shares accordingly.
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%
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