TATA MOTORS Tata Motors Limited was incorporated as Tata Locomotive and Engineering Company Limited

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  • Letter of Offer Dated March 30, 2015

    For Eligible Shareholders only

    TATA MOTORS LIMITED

    Tata Motors Limited was incorporated as Tata Locomotive and Engineering Company Limited on September 1, 1945 as a public limited liability company under the Companies Act, 1913. For details in relation to change in name of our Company, see “General

    Information” on page 43.

    Registered Office: Bombay House, 24, Homi Mody Street, Mumbai 400 001 Contact Person: H K Sethna, Company Secretary and Compliance Officer

    Tel: (91 22) 6665 8282; Fax: (91 22) 6665 7799; Email: inv_rel@tatamotors.com; Website: www.tatamotors.com

    Corporate Identity Number: L28920MH1945PLC004520

    PROMOTER OF OUR COMPANY: TATA SONS LIMITED FOR PRIVATE CIRCULATION TO THE ELIGIBLE SHAREHOLDERS OF

    TATA MOTORS LIMITED (OUR “COMPANY” OR THE “ISSUER”) ONLY

    SIMULTANEOUS BUT UNLINKED ISSUE OF UP TO 15,06,44,759 ORDINARY SHARES OF FACE VALUE ₹ 2 EACH (THE “ORDINARY SHARES”) OF OUR

    COMPANY FOR CASH AT A PRICE OF ₹ 450 (INCLUDING A PREMIUM OF ₹ 448 PER ORDINARY SHARE) ON A RIGHTS BASIS TO THE ELIGIBLE ORDINARY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF SIX ORDINARY SHARES FOR 109 FULLY PAID-UP ORDINARY SHARES HELD ON THE BOOK

    CLOSURE DATE, THAT IS ON APRIL 8, 2015 AND UP TO 2,65,30,290 ‘A’ ORDINARY SHARES OF FACE VALUE ₹ 2 EACH (THE “‘A’ ORDINARY SHARES”) OF

    OUR COMPANY FOR CASH AT A PRICE OF ₹ 271 (INCLUDING A PREMIUM OF ₹ 269 PER ‘A’ ORDINARY SHARE) ON A RIGHTS BASIS TO THE ELIGIBLE ‘A’ ORDINARY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF SIX ‘A’ ORDINARY SHARES FOR 109 FULLY PAID-UP ‘A’ ORDINARY SHARES HELD ON

    THE BOOK CLOSURE DATE, THAT IS ON APRIL 8, 2015 (COLLECTIVELY, THE “ISSUE”). THE ISSUE PRICE OF THE ORDINARY SHARES IS 225 TIMES THE

    FACE VALUE OF THE ORDINARY SHARES. THE ISSUE PRICE OF THE ‘A’ ORDINARY SHARES IS 135.5 TIMES THE FACE VALUE OF THE ‘A’ ORDINARY

    SHARES. TOTAL PROCEEDS FROM THE ISSUE OF ORDINARY SHARES AND ‘A’ ORDINARY SHARES WOULD AGGREGATE UP TO ₹ 7,498 CRORE. FOR FURTHER DETAILS, SEE “TERMS OF THE ISSUE” BEGINNING ON PAGE 157.

    GENERAL RISKS

    Investment in equity and equity related securities involve a degree of risk and investors should not invest any funds in the Issue unless they can afford to take the risk of losing their

    investment. Investors are advised to read the risk factors carefully before taking an investment decision in the Issue. For taking an investment decision, investors must rely on their own

    examination of our Company and the Issue including the risks involved. The securities being offered in the Issue have not been recommended or approved by the Securities and Exchange

    Board of India (“SEBI”) nor does SEBI guarantee the accuracy or adequacy of this Letter of Offer. Investors are advised to refer to “Risk Factors” beginning on page 15 before

    making an investment in this Issue.

    ISSUER’S ABSOLUTE RESPONSIBILITY

    Our Company, having made all reasonable inquiries, accepts responsibility for and confirms that this Letter of Offer contains all information with regard to our Company and the Issue,

    which is material in the context of the Issue, that the information contained in this Letter of Offer is true and correct in all material aspects and is not misleading in any material respect,

    that the opinions and intentions expressed herein are honestly held and that there are no other facts, the omission of which makes this Letter of Offer as a whole or any such information

    or the expression of any such opinions or intentions misleading in any material respect.

    LISTING

    The existing Ordinary Shares and ‘A’ Ordinary Shares of our Company are listed on the BSE Limited (the “BSE”) and the National Stock Exchange of India Limited (the “NSE”, and

    together with BSE, the “Stock Exchanges”). Our Company has received approvals from the BSE and the NSE under Clause 24(a) of the Listing Agreement for listing the Securities to be

    allotted pursuant to the Issue through their letters, dated March 27, 2015. For the purposes of the Issue, the Designated Stock Exchange is the BSE.

    GLOBAL COORDINATORS AND SENIOR LEAD MANAGERS TO THE ISSUE

    Citigroup Global Markets India

    Private Limited* 1202, 12th Floor, First International

    Financial Center, G-Block Bandra

    Kurla Complex, Bandra (East),

    Mumbai 400 051

    Tel: (91 22) 6175 9999

    Fax: (91 22) 6175 9961

    Website:http://www.online.citibank

    .co.in/rhtm/citigroupglobalscreen1.

    htm

    Email: tata.motors.rights@citi.com

    Contact Person: Mitul Shah

    SEBI Registration No:

    INM000010718

    DSP Merrill Lynch Limited

    8th Floor, Mafatlal Center,

    Nariman Point Mumbai 400

    021

    Tel: (91 22) 6632 8000

    Fax: (91 22) 2204 8518

    Website: www.dspml.com

    Email:

    dg.TML_Rights@baml.com

    Contact Person: Ankit Jajodia

    SEBI Registration No.:

    INM000011625

    Credit Suisse Securities (India)

    Private Limited

    Ceejay House, 9th Floor, Plot F

    Shivsagar Estate, Dr. Annie

    Besant Road Worli, Mumbai 400

    018

    Tel : (91 22) 6777 3906

    Fax : (91 22) 6777 3820

    Website: www.credit-suisse.com

    Email:

    list.ibdprojectspice@credit-

    suisse.com

    Contact Person: Rana Rajan

    SEBI Registration No:

    INM000011161

    HSBC Securities and Capital

    Markets (India) Private

    Limited

    52/60, Mahatma Gandhi Road,

    Fort, Mumbai 400 001

    Tel: (91 22) 2268 5555

    Fax: (91 22) 2263 1984

    Website:

    http://www.hsbc.co.in/1/2/corpor

    ate/equities-globalinvestment-

    banking

    Email:

    tatamotors.rights@hsbc.co.in

    Contact Person: Mayank Jain

    SEBI Registration No.:

    INM000010353

    J. P. Morgan India Private

    Limited

    J. P. Morgan Tower, Kalina, Off

    C. S. T. Road, Santacruz (East),

    Mumbai 400 098

    Tel: (91 22) 6157 3000

    Fax: (91 22) 6157 3911

    Website: www.jpmipl.com

    Email:

    tatamotors_rights@jpmorgan.co

    m

    Contact Person: Prateeksha

    Runwal

    SEBI Registration No.:

    INM000002970

    * LEAD CO-ORDINATOR

    LEAD MANAGERS TO THE ISSUE CO-LEAD MANAGER TO

    THE ISSUE

    REGISTRAR TO THE ISSUE

    ICICI Securities Limited

    ICICI Centre, H.T. Parekh Marg

    Churchgate, Mumbai 400 020

    Tel : (91 22) 2288 2460 /70

    Fax : (91 22) 2282 6580

    Website:

    www.icicisecurities.com

    Email:

    tatamotors.rights@icicisecurities

    .com

    Contact Person: Ayush Jain /

    Manvendra Tiwari

    SEBI Registration No.:

    INM000011179

    Kotak Mahindra Capital

    Company Limited

    27 BKC, C-27, “G” Block

    Bandra Kurla Complex

    Bandra (East), Mumbai 400 051

    Tel: (91 22) 4336 0000

    Fax: (91 22) 6713 2447

    Website:

    http://investmentbank.kotak.com

    Email: tml.rights@kotak.com

    Contact Person: Ganesh Rane

    SEBI Registration No.:

    INM000008704

    SBI Capital Markets Limited

    202, Maker Tower 'E'

    Cuffe Parade

    Mumbai 400 005

    Tel: (91 22) 2217 8300

    Fax: (91 22) 2218 8332

    Website: www.sbicaps.com

    E-mail: tml.rights@sbicaps.com

    Contact Person: Kavita Tanwani

    SEBI Registration Number:

    INM000003531

    HDFC Bank Limited

    Investment Banking Group, Unit

    No. 401 & 402, 4th floor, Tower

    B, Peninsula Business Park,

    Lower Parel, Mumbai 400 013

    Tel: (91 22) 3395 8015

    Fax: (91 22) 3078 8584

    Website: www.hdfcbank.com

    E-mail:

    tml.rights@hdfcbank.com

    Contact Person: Keyur Desai/

    Rishi Tiwari

    SEBI Registration Number:

    INM000011252

    Link Intime India Private

    Limited

    C-13, Pannalal Silk Mills

    Compound, L.B.S. Marg

    Bhandup (West), Mumbai 400

    078

    Tel: (91 22) 6171 5400 /

    9167779196 /97 /98/ 99

    Fax: (91 22) 2596 0329

    Website: www.linkintime.co.in

    Email:

    tatamotors.rights@linkintime.co.

    in

    Contact Person: Sachin Achar

    SEBI Registration No:

    INR000004058

    ISSUE PROGRAMME

    ISSUE OPENS ON LAST DATE FOR REQUEST FOR SPLIT APPLICATION FORMS ISSUE CLOSES ON

    April 17, 2015 April 24, 2015 May 2, 2015

    mailto:inv_rel@tatamotors.com http://www.tatamotors.com/ http://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm http://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm http://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm mailto:tata.motors.rights@citi.com mailto:dg.TML_Rights@baml.com http://www.credit-suisse.com/ mailto:list.ibdprojectspice@credit-suisse.com mailto:list.ibdprojectspice@credit-suisse.com mailto:tatamotors.rights@hsbc.co.in mailto:tatamotors_rights@jpmorgan.com mailto:tatamotors_rights@jpmorgan.com mailto:tatamotors.rights@icicisecurities.com mailto:tatamotors.rights@icicisecurities.com mailto:tml.rights@kotak.com http://www.hdfcbank.com/ mailto:tml.rights@hdfcbank.com http://www.linkintime.co.in/ mailto:tatamotors.rights@linkintime.co.in mailto:tatamotors.rights@linkinti