{"id":2600,"date":"2024-09-17T15:51:04","date_gmt":"2024-09-17T10:21:04","guid":{"rendered":"https:\/\/www.eqwires.com\/tutorials\/?p=2600"},"modified":"2024-09-17T15:51:07","modified_gmt":"2024-09-17T10:21:07","slug":"tata-motors-dvr-stock-update-tml-securities-trust-sells-11497462-new-ordinary-shares","status":"publish","type":"post","link":"https:\/\/www.eqwires.com\/tutorials\/tata-motors-dvr-stock-update-tml-securities-trust-sells-11497462-new-ordinary-shares\/","title":{"rendered":"Tata Motors DVR stock update: TML Securities Trust sells 1,14,97,462 new ordinary shares"},"content":{"rendered":"\n

Tata Motors said TML Securities Trust has sold 1,14,97,462 new ordinary shares on the stock exchanges today for the purpose of distribution of fractional share entitlement as well as towards tax liabilities, as per the scheme.\u00a0<\/p>\n\n\n\n

Tata Motors Ltd on Tuesday informed stock exchanges that TML Securities Trust has sold 1,14,97,462 new ordinary shares (NOS) on the stock exchanges\u00a0for the purpose of distribution of fractional share entitlement to DVR shareholders as well as towards tax liabilities, as per the scheme of arrangement.\u00a0<\/p>\n\n\n\n

Tata Motors said it would intimate the \u2018A\u2019 ordinary shareholders individually as well as to the stock exchanges upon the distribution of cash as well as credit of NOS. Tata Motors DVR shares were suspended for trading from stock exchanges and the record date for the same was September 1. <\/p>\n\n\n\n

On Tuesday, Tata Motors shares fell 2.42 per cent to Rs 964.25 level. The Tata group stock saw a turnover of Rs 3,461.09 crore on NSE and Rs 520 crore on BSE. Media reports suggested that 1.9 crore shares Tata Motors shares or 0.4 per cent of the total equity of the company changed hands in a block deal today. <\/p>\n\n\n\n

In a filing to BSE, Tata Motors Ltd said: “The aforesaid intimation has been communicated to us today by Axis Trustee Services Limited, the Independent Trustee, which will now proceed to distribute sale proceeds in cash to the eligible \u2018A\u2019 Ordinary shareholders and credit the balance NOS as per entitlement to their respective demat accounts, shortly.”<\/p>\n\n\n\n

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Tata Motors said TML Securities Trust has sold 1,14,97,462 new ordinary shares on the stock exchanges today for the purpose of distribution of fractional share entitlement as well as towards tax liabilities, as per the scheme.\u00a0 Tata Motors Ltd on Tuesday informed stock exchanges that TML Securities Trust has sold 1,14,97,462 new ordinary shares (NOS) on the stock exchanges\u00a0for the purpose of distribution of fractional share entitlement to DVR shareholders as well as towards tax … Continue reading “Tata Motors DVR stock update: TML Securities Trust sells 1,14,97,462 new ordinary shares”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":2601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[201,172,136,138,134,164,217,368,139,140,324,106,272,266,98,72,97,184,73,268,135,137,133,330,104,141,299,161,160,159,74,75,210,158,166,311,228,227,103,254,102,224,257,298,300,101,105,301,165,327,329,76,77,78,79,247,365,308,361,363,215,216,174,80,81,99,218,82,340,339,320,183,168,167,170,251,83,84,85,86,87,108,88,202,155,154,273,89,100,90,91,92,93,94,95,236,255,385,232,231,250,96,3,260,252,248,249,322,107,192,220,360,275,223,156,157,341,246,238,207,177,176,175],"tags":[4,5,267,6,200,7,12,116,19,149,147,173,145,14,118,11,150,153,265,120,9,271,190,191,13,188,18,318,8,185,316,10,17,269,148,151,146,15,331,319,16,122,144,162,23,41,25,24,27,21,194,50,312,229,226,124,33,253,126,225,119,20,258,28,297,49,127,315,121,230,295,125,115,22,113,29,328,333,317,332,334,314,52,123,131,348,366,357,309,310,359,362,354,349,351,364,213,26,182,111,130,31,62,34,30,42,219,57,112,186,169,56,171,64,132,206,59,53,264,128,43,336,242,237,51,110,32,187,35,55,44,270,288,196,47,37,195,45,39,36,40,203,38,143,152,129,142,46,48,63,67,60,61,65,234,71,235,54,256,117,386,233,68,193,241,335,205,261,263,209,262,337,244,66,204,70,109,259,221,291,274,222,163,69,58,342,239,208,114,178,181,179,180,290],"class_list":["post-2600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accurate-stock-tips-provider-in-india","category-best-advisory-service-provider-for-beginners","category-best-bank-nifty-future-calls","category-best-bank-nifty-options-tips-provider","category-best-bank-nifty-trading-tips-provider","category-best-equity-advisory-services-in-india","category-best-ethical-investment-advisor-in-india","category-best-financial-advisor-websites-in-india","category-best-index-future-services","category-best-index-options-services","category-best-intraday-advisor-in-india","category-best-intraday-call-provider","category-best-intraday-jackpot-calls","category-best-intraday-research-company","category-best-intraday-tips-for-tomorrow","category-best-intraday-tips-provider-in-india","category-best-intraday-tips-site","category-best-intraday-tips-website-in-india","category-best-investment-advisor-in-india","category-best-jackpot-tips-provider","category-best-nifty-future-calls","category-best-nifty-options-tips-provider","category-best-nifty-trading-tips-provider","category-best-option-trading-telegram-channel","category-best-options-tips-provider-in-india","category-best-options-trading-tips-provider-in-india","category-best-paid-stock-recommendation-sites-india","category-best-performing-pms-in-india","category-best-pms-in-india","category-best-portfolio-management-services-in-india","category-best-sebi-registered-advisory-company","category-best-sebi-registered-investment","category-best-sebi-registered-investment-advisor","category-best-sebi-registered-research-analyst","category-best-sebi-registered-stock-tips-provider","category-best-sebi-registered-telegram-channel","category-best-share-market-advisor-in-india","category-best-share-market-advisory-company-in-india","category-best-share-market-consultants-in-india","category-best-share-market-tips","category-best-share-market-tips-provider-in-india","category-best-share-tips-provider-in-india","category-best-stock-advisor","category-best-stock-advisor-websites-in-india","category-best-stock-advisory-service-in-india","category-best-stock-market-advisory-services-in-india","category-best-stock-market-tips-provider-service","category-best-stock-recommendation-service-in-india","category-best-stock-tips-provider-in-india","category-best-stock-tips-provider-in-telegram","category-best-telegram-channel-for-stock-market-tips-in-india","category-business","category-commodity-market","category-currency","category-equity-market","category-equity-research-analyst","category-eqwires-best-investment-advisor-in-india","category-eqwires-best-sebi-registered-investment-advisor-in-india","category-eqwires-best-stock-advisor-websites-in-india","category-eqwires-most-successful-stock-advisors-in-india","category-ethical-sebi-registered-investment-advisor","category-ethical-sebi-registered-research-analyst","category-fact-about-operator-based-calls","category-fii-based-calls","category-foreign-markets","category-free-intraday-stock-tips-for-tomorrow","category-genuine-intraday-tips-provider","category-genuine-stocks-tips-provider","category-googles-highest-ranking-sebi-registered-research-analyst","category-googles-highest-ranking-sebi-registered-stock-advisory-company","category-high-accuracy-intraday-tips","category-how-can-i-make-profit-in-intraday-trading","category-how-to-earn-profit-from-intraday-trading","category-how-to-invest-in-stock-market","category-how-to-make-profit-in-intraday-trading-in-share-market","category-intraday-tips","category-intraday-trading-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