Tata Motors will create a Trust, which will receive the new ordinary shares from the company on behalf and for the benefit of each of the relevant shareholders. The issuance of shares instead of cash will help in preserving the liquidity for the company’s future growth. Besides, it will allow the holders of the ‘A’ ordinary shares to continue to participate in the company’s performance through the ordinary shares.
2 top stock recommendations from Aditya Arora
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
March 17, 2025