TATAMOTORS Tata Motors Ltd Business Restructuring Announcement 2024 - Share Cancellation Scheme Tata Motors announced the sale of 11,497,462 new ordinary shares as part of a scheme approved by the National Company Law Tribunal for distribution to shareholders, along with tax liabilities. The proceeds will be distributed in cash to eligible A ordinary shareholders, and shares will be credited to their accounts shortly..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for Tata Motors Ltd