Tata Motors board approves scheme to simplify capital structure – Times of India
[ad_1] CHENNAI: The board of Tata Motors has approved a scheme of arrangement for a capital reduction of ‘A’ Ordinary shares. The company will issue Ordinary shares as a consideration for the reduction. This capital reduction consideration translates to a 23% premium to the ‘A’ Ordinary Share price and will result in a 4.2% reduction … Read more