Tata Motors MD, chairman, board of directors and AGM
NSE: TMCVBSE: 544569Agricultural, Commercial & Construction VehiclesLarge Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹414.25.
- Next results date: the board meets on 23 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,45,838 Cr54th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 12 Aug 2026
- 34.8
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,497 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 25.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 13 May 2026
- 11.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.01%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 12 Aug 2026
- 32.9%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹1,497 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 44.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 39.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.38
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 81,28,99550.5% delivered
Tata Motors board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonChandrasekaran NatarajanRelated to the promoter
- Company SecretaryRanjan Kumar
8 directors5 independent1 executive2 non-executive
- Chandrasekaran Natarajan · ChairpersonNon-executive · joined Sep 2025 · 7 listed boards
- Al-Noor RamjiIndependent · joined Oct 2025 · reappointed Oct 2025 · 9 months as independent · 3 listed boards · 3 as independent · 3 committee seats
- Bharat Tilakraj PuriIndependent · joined Oct 2025 · reappointed Oct 2025 · 9 months as independent · 4 listed boards · 3 as independent · 4 committee seats
- Pathamadai Balachandran BalajiNon-executive · joined Jul 2025 · 2 listed boards
- Kosaraju Veerayya ChowdaryIndependent · joined Oct 2025 · reappointed Oct 2025 · 9 months as independent · 5 listed boards · 5 as independent · 10 committee seats, 5 as chair
- Varsha Vasant PurandareIndependent · joined Oct 2025 · reappointed Oct 2025 · 9 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 4 as chair
- Guenter Karl ButschekIndependent · joined Oct 2025 · reappointed Oct 2025 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Girish Arun WaghExecutive · joined Jul 2025 · 2 listed boards · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 13 May 20268 of 8 present5 independent · 62 days in between
- 11 Mar 20268 of 8 present5 independent · 40 days in between
- 29 Jan 20267 of 8 present5 independent
Audit Committee
Chair Varsha Vasant Purandare
Guenter Karl Butschek, Kosaraju Veerayya Chowdary, Al-Noor Ramji, Bharat Tilakraj Puri
- 12 May 20265 of 5 present5 independent · 47 days in between
- 25 Mar 20265 of 5 present5 independent · 55 days in between
- 28 Jan 20265 of 5 present5 independent
Nomination and remuneration committee
Chair Bharat Tilakraj Puri
Chandrasekaran Natarajan, Kosaraju Veerayya Chowdary
- 13 May 20263 of 3 present2 independent · 62 days in between
- 11 Mar 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Kosaraju Veerayya Chowdary
Girish Arun Wagh, Varsha Vasant Purandare
- 22 Jun 20263 of 3 present2 independent · 144 days in between
- 28 Jan 20263 of 3 present2 independent
Risk Management Committee
Chair Guenter Karl Butschek
Varsha Vasant Purandare, Girish Arun Wagh, Bharat Tilakraj Puri
- 25 Mar 20264 of 4 present3 independent
Corporate Social Responsibility Committee
Chair Kosaraju Veerayya Chowdary
Girish Arun Wagh, Guenter Karl Butschek
- 12 May 20263 of 3 present2 independent · 103 days in between
- 28 Jan 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- B S R & Co. LLPPeer-review certificate valid to Aug 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Tata Motors AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Tata Motors dividend history
Annual general meeting, 29 Jun 2026
58,07,944 shareholders on the register on 22 Jun 2026; present: 7 promoters and 243 others; votes counted by P.N.Parikh / Parikh & Associates, Company Secretaries.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.91% · promoters 100.00% · institutions 82.98% · other public 9.49%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the report of the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.91% · promoters 100.00% · institutions 82.98% · other public 9.49%
- To declare dividend on Equity Shares of the Company for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.95% · promoters 100.00% · institutions 83.09% · other public 9.49%
- To appoint a Director in place of Mr Girish Wagh (DIN: 03119361), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.33% for0.67% against
Against: promoters 0.00% · institutions 1.65% · other public 0.13%
Turnout: all 74.95% · promoters 100.00% · institutions 83.09% · other public 9.49%
- Appointment of Branch AuditorsOrdinary99.88% for0.12% against
Against: promoters 0.00% · institutions 0.30% · other public 0.03%
Turnout: all 74.94% · promoters 100.00% · institutions 83.05% · other public 9.49%
- Ratification of Cost Auditor’s RemunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 72.99% · promoters 95.39% · institutions 83.09% · other public 9.49%
- Material Related Party Transaction(s) of the Company with Tata Cummins Private Limited, a Joint Operations CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 32.39% · promoters 0.00% · institutions 83.09% · other public 9.49%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 29 Jun 2026, 38 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
38 for0 against- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the report of the Auditors thereon38 for0 against
- To declare dividend on Equity Shares of the Company for the financial year ended March 31, 2026.38 for0 against
- To appoint a Director in place of Mr Girish Wagh (DIN: 03119361), who retires by rotation and being eligible, offers himself for re-appointment.38 for0 against
- Appointment of Branch Auditors36 for0 against
- Ratification of Cost Auditor’s Remuneration38 for0 against
- Material Related Party Transaction(s) of the Company with Tata Cummins Private Limited, a Joint Operations Company38 for0 against
1 proposal not matched to one resolution
- Approve Branch Auditors and Authorize Board to Fix Their Remuneration2 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtTeesta Renewable Energy Private LimitedSince 12 May 2026
26.00% bought in the quarter; holding 26.00%, from 0.00%
- Unlisted stake boughtFreight Commerce Solutions Private LimitedSince 15 May 2026
18.00% bought in the quarter; holding 63.60%, from 45.60%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.