1. Introduction

2. History Of Company

3. Management Of the Company

4. Meetings held during last 5 years

5. Shareholding Pattern Of the Company

6. Changes in Directors

7. Strikes – Singur TATA NANO

CONTROVERSY

8. Future Prospects

INTRODUCTION :

Tata Motors Limited is an Indian multinational automotive corporation headquartered in

Mumbai, India.

It is the eighteenth largest motor vehicle manufacturing company in the world by volume.

Part of the Tata Group, it was formerly known as TELCO (TATA Engineering and Locomotive

Co). Its products include passenger cars, trucks, vans and coaches.

Tata Motors Limited is India's largest automobile company, with consolidated revenues of INR

1,23,133crores (USD 27 billion) in 2010-11. It is the leader in commercial vehicles in each

segment, and among the top three in passenger vehicles with winning products in the compact,

midsize car and utility vehicle segments. The company is the world's fourth largest truck

manufacturer, and the world's third largest bus manufacturer.

It has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand,

Dharwad and Pune, India, as well as in Argentina, South Africa, Thailand and the United

Kingdom. Tata Motors has produced and sold over 6.5 million vehicles in India since 1954.

Originally a manufacturer of locomotives, the company manufactured its first commercial vehicle

in 1954 in collaboration with Daimler-Benz AG, which ended in 1969. In 2010, Tata Motors

surpassed Reliance to win the coveted title of 'India's most valuable brand'

It is a dual-listed company,which is traded on both the Bombay Stock exchange as well as the New

York Stock Exchange.

The Listing Page of Tata Motors Ltd. presents the Incorporation Date, Public Issue Date, Book Closure dates, Face Value, Key Listing information, Indices it is a part of, and the Exchanges where the company is listed.

Key Dates1. Incorporation Date 01/09/1945

2. Public Issue Date Year Ending Month March

3. AGM Month August

4. Book Closure Start Date 21/07/2011

5. Book Closure End Date 12/08/2011

Listing Information

1. Face Value 2.0

2. Market Lot Of Equity Shares 1

3. BSE Code 500570

4. BSE Group A

 

The compnay forms a part of following indices –

BSE 200 Index (200 Cos)

BSE 500 Index (500 Cos)

BSE Auto Index

BSE Dollex 100 Index

BSE Dollex 30 Index

BSE Dollex Index (200 Cos)

BSE Greenex Index

BSE National Index (100 Cos)

BSE Sensitive Index (30Cos)

CNX 200 Index

CNX Auto Index

NSE CNX 100

S&P CNX 500 Equity Index (500 Cos)

S&P CNX Defty Index (50 Cos)

S&P CNX Nifty Index (50 Cos)

 

Listed On -

Bangalore Stock Exchange Ltd.

Calcutta Stock Exchange Association Ltd.

Cochin Stock Exchange Ltd.

Delhi Stock Exchange Assoc. Ltd.

Hyderabad Stock Exchange Ltd

Inter-connected Stock Exchange of India

Jaipur Stock Exchange Ltd

Ludhiana Stock Exchange Assoc. Ltd.

Madras Stock Exchange Ltd.,

National Stock Exchange of India Ltd.

Over The Counter Exchange Of India Ltd.

The Stock Exchange, Mumbai

Uttar Pradesh Exchange Assoc Ltd.

Important developments

Tata Nano

In January 2008, Tata Motors launched Tata Nano, the least expensive production car in the world

at about 120,000 (US $3000) The city car was unveiled during the Auto

Expo 2008 exhibition in Pragati Maidan, New Delhi.

Tata has faced controversy over developing the Nano as some

environmentalists are concerned that the launch of such a low-priced car

could lead to mass motorization in India with adverse effects on

pollution and global warming. Tata had set up a factory in Sanand, Gujarat and the first Nanos

were rolled out in summer 2009.

Tata Nano Europa had been developed for sale in developed economies and it hit markets in 2010

while the normal Nano had hit markets in South Africa, Kenya and countries in Asia and Africa by

late 2009. A battery version is also planned.

Tata Ace

Tata Ace was India's first mini truck

Tata Ace, India's first indigenously developed sub-one ton mini-truck, was launched in May 2005.

The mini-truck was a huge success in India with auto-analysts claiming

that Ace had changed the dynamics of the light commercial vehicle

(LCV) market in the country by creating a new market segment termed

the small commercial vehicle (SCV) segment. Ace rapidly emerged as the first choice for

transporters and single truck owners for city and rural transport. By October 2005, LCV sales of

Tata Motors had grown by 36.6 percent to 28,537 units due to the rising demand for Ace. The Ace

was built with a load body produced by Autoline Industries. By 2005, Autoline was producing 300

load bodies per day for Tata Motors.

Ace is still a top seller for TML with 500,000 units sold to date (June 2010).

Ace has also been exported to several Asian, European, South American and African countries and

all-electric models are sold through Chrysler's Global Electric Motorcars division.In Sri Lanka it is

sold through Diesel & Motor Engineering(DIMO) PLC under the name of DIMO Batta.

Compressed air car

Motor Development International of France has developed the world's first prototype of a

compressed air car, named OneCAT. In 2007, MDI owner Guy Negre was reported to have "the

backing of Tata".

It has airtanks that can be filled in 4 hours by plugging the car into a standard electrical plug. In

2008 MDI planned to also design a gas station compressor, which would fill the tanks in 3 minutes

There are no gasoline costs and no fossil fuel emissions from the vehicle when run in town, but "the

compressed air driving the pistons can be boosted by a fuel burner".

OneCAT is a five seat vehicle with a 200-litre (7.1 cu ft) trunk. With full tanks it is said to run at

100 km/h (62 mph) for 90 kilometres (56 mi) range in urban cycle. There are severe physical

arguments pleading against those figures. In December 2009 Tata's vice president of engineering

systems confirmed that the limited range and low engine temperatures were causing difficulties.[25]

Electric vehicles

Tata Motors unveiled the electric versions of passenger car Tata Indica and commercial vehicle

Tata Ace. Both run on lithium batteries. The company has indicated that the electric Indica would

be launched locally in India in about 2010, without disclosing the price. The vehicle would be

launched in Norway in 2009.

Tata Motors' UK subsidiary, Tata Motors European Technical Centre, has bought a 50.3% holding

in electric vehicle technology firm Miljøbil Grenland/Innovasjon of Norway for US$1.93 M,

which specialises in the development of innovative solutions for electric vehicles, and plans to

launch the electric Indica hatchback in Europe next year. On 17 Sept 2010 Tata motors presented

to the DTC (Delhi Transport corporation). Four CNG – Electric Hybrid low-floored Star-buses to

be used for Commonwealth games. These are the first Environmentally friendly buses to be used

for public transportation in India.

Recent Awards

Tata Motors wins the Golden Peacock Award for Excellence in Corporate Governance

Pantnagar plant in the list of Sword of Honour awardees of British Safety Council, UK

Jaguar Land Rover wins two "best of auto show" awards from Autoweek magazine at 2011 Frankfurt

Motor Show

Tata Motors Lucknow plant wins Greentech Environment SILVER AWARD 2011

TATA Motors Ltd has been selected as the winner of ‘Golden Peacock Award for Corporate Social

Responsibility’ for the year 2011

Customer Support CVBU has been conferred with the 'Golden Peacock National Training Award'

2011

Tata Nano wins the Best Car Advertisement of the Year at Bloomberg UTV Awards

Tata Nano's design receives world's oldest and coveted international award

Lucknow Plant wins Rajiv Gandhi National Award for 2009

Mr. Ravi Kant receives the Golden Peacock Corporate Award for Business Leadership

CNBC TV18 'Best CFO' Award for Mr. C. Ramakrishnan

CVBU Pune receives Excellent Energy Efficient Unit award

HISTORY :ORIGIN AND BACKGROUND (Including Major acquisitions and mergers)

Tata Motors was first established in 1935 as a locomotive manufacturing unit. The first

commercial vehicle was manufactured in 1954, in collaboration with Daimler-Benz AG of

Germany. In 1960, the first truck, quite similar to a Daimler truck, rolled out from the Tata factory

in Pune. Ever since its launch, the truck became highly successful. However, the success of the

commercial vehicles was just the beginning of the flourishing and booming future of Tata Motors.

The company went ahead diversifying itself and took up other products as well. Apart from

exporting heavy-duty trucks, the company decided to come up with lighter versions for the local

market. Thus, began the production of the first LCV (Light Commercial Vehicle) model, Tata 407

in 1986.

In the early 1990s, the company began its expansion into the car market. Its first passenger vehicle

was Tata Sierra, a multi utility vehicle that was launched in 1991. Tata came up with three other

automobiles, namely, Tata Estate in 1992 (a station wagon based on the earlier ‘Tata Mobile’ in

1989), Tata Sumo in 1994 (LCV) and Tata Safari in 1998 (India’s first SUV).

After thoroughly analyzing the demand of the consumers, Ratan Tata, the current chairman of Tata

Group, decided to build a small car. Thus, in 1998, India’s first fully indigenous passenger car,

Tata Indica was launched. It received an immediate success, since it was inexpensive and

relatively easy to build maintain. The car was exported to Europe, to UK and Italy. The second

generation of Indica, V2 was even more successful.

Indica’s high success gave Tata Motors the financial power to take over Daewoo Motors in 2004.

This gave the company an opportunity to give their brand international exposure. Today,

Daewoo’s trucks are sold as Tata Daewoo Commercial Vehicle in South Korea.

In 2005, the company acquired 21% share in Hispano Carrocera SA, earning the controlling rights

of the company.

In January 2008, the global automobile sector showcased the world’s cheapest car in the form of

Tata Nano. Launched by Tata Motors, the car cost only Rs.1, 00,000 (US $2,500).

In the March of 2008, Tata Motors also acquired the Jaguar Land Rover (JLR) business from the

Ford Motor Company, which included the Daimler and

Lanchester brands.

MANAGEMENT OF COMPANY :

1. BOARD OF DIRECTORS

The Board of Directors as per the Annual Report 2010-11 with their shareholding pattern and their roles is shown below

2. MANAGEMENT

The main present management of the company is :

NAME ROLES

Carl-Peter Forster Managing Director & Group CEO

P M TelangManaging Director – India Operations

C Ramakrishnan, Chief Financial Officer

R Pisharody, President - Commercial Vehicles Business Unit

T Leverton, Head, Advanced and Product Engineering

S B Borwank Sr Vice President (Mfg Operations-CVBU)

PrabirJha, Sr Vice President (Human Resources)

P Y Gurav, Sr Vice President (Corp Finance - Accts & Taxation)

GirishWagh, Head (Passenger Car Operations)

S Ravishankar, Vice President (Engg Systems, ERC)

B B Parekh, Chief (Strategic Sourcing)

R Bhaskar, Plant Head -CVBU

VikramSinha, Head (Car Plant - PCBU)

A K Jindal , Head Engineering (Comm. Vehicles - ERC)

R Ramakrishnan, Vice President (Commercial - PCBU)

N Pinge, Vice President (Internal Audit)

R Bagga, Vice President (Legal)

A S Puri, Vice President (Govt Affairs &Collab)

MEETINGS HELD DURING LAST FIVE YEARS :

GENERAL MEETING

Annual General Meetings

Article 81 provides that

A.The Company shall, in addition to any other meetings, hold a general meeting (herein

called an Meetings “Annual General Meeting”) at the intervals and in accordance with the

provisions herein specified. The Annual General Meeting of the Company shall be held

within six months after the expiry of each financial year; Provided however, that if the

Registrar of Companies shall have for any special reason extended the time within which any

Annual General Meeting shall be held by a further period not exceeding three months, the

Annual General Meeting may be held within the additional time fixed by the Registrar.

B.Every Annual General Meeting shall be called for a time during business hours and on such

day(not being a public holiday) as the Directors may from time to time determine and it shall

be held either at the registered office of the Company or at some other place within the City

of Bombay.

Extraordinary General Meeting

Article 82 provides that “All General Meetings other than Annual General Meetings shall be

called Extraordinary General Meetings.”

The dates on which Annual General Meetings (AGM) and Extraordinary General Meetings

(EGM) and all the board meetings of Tata Motors Ltd were held.

AGM/EGM

Announcement Date

Purpose Date Books Closure from

Books Closure to

Remarks

27/05/2011 AGM 12/08/2011 21/07/2011 12/08/2011 Rs.20.00 per share(200%)Dividend

27/05/2010 AGM 01/09/2010 12/08/2010 01/09/2010 Rs.15.00 per share(150%)Dividend

29/05/2009 AGM 25/08/2009 05/08/2009 25/08/2009 60% Dividend (Revised)

28/05/2008 AGM 24/07/2008 18/06/2008 26/06/2008 150% Dividend18/05/2007 AGM 09/07/2007 05/06/2007 12/06/2007 150% Dividend19/05/2006 AGM 11/07/2006 27/06/2006 11/07/2006 130% Dividend17/05/2005 AGM 11/07/2005 27/06/2005 11/07/2005 125% Dividend

The Board Meeting page of Tata Motors Ltd. gives all the dates on which the board meeting of the company was held. Board MeetingsMeeting Date Remark14/02/2012 Quarterly Results14/11/2011 Quarterly Results11/08/2011 Quarterly Results26/05/2011 Audited Results, Dividend & Split11/02/2011 Quarterly Results09/11/2010 Quarterly Results10/08/2010 Quarterly Results28/06/2010 Raising of long term capital funds27/05/2010 Audited Results & Dividend30/03/2010 Appointment of Managing Director

SHAREHOLDING PATTERN OF TATA MOTORS LTD.

Shareholding Pattern of TATA MOTORS LTD.

Shareholding Pattern of The Directors -:

CHANGES IN DIRECTORS IN LAST 5 YEARS :

Appointment of Mr Ranendra Sen as a Director

Mr Ranendra Sen who was appointed by the Board of Directors as an Additional Director of the

Company with effect from June 1, 2010 and who holds office upto the date of this Annual General

Meeting of the Company, in terms of Section 260 of the Companies Act, 1956 (“the Act”)

Appointment of Mr Carl-Peter Forster as a Director

Mr Carl-Peter Forster who was appointed by the Board of Directors as an Additional Director of the

Company with effect from April 1, 2010 and who holds office upto the date of this Annual General

Meeting of the Company, in terms of Section 260 of the Companies Act, 1956 (“the Act)

Appointment of Mr Carl-Peter Forster as Chief Executive Officer and Managing Director

Mr Carl-Peter Forster as the Chief Executive Officer and Managing Director of the Company for the

period from April 1, 2010 to March 31, 2013.

]

Singur Tata Nano controversy

Tata Nano Singur Controversy refers to the controversy generated by land acquisition of

the proposed Nano factory of Tata Motors at [Singur] in Hooghly district, West Bengal,

India.

Singur gained international media attention since Tata Motors started constructing a factory

to manufacture their $2,500 car, the Tata Nano at Singur. The small car was scheduled to roll

out of the factory by 2008.

The state government of West Bengal facilitated the controversy by using an old rule to

conduct an eminent domain takeover of 997 acres (4.03 km2) of farmland to have Tata build

its factory.The rule is meant for public improvement projects, and the West Bengal

government wanted Tata to build in its state. The project was opposed by activists, displaced

land owners and opposition parties in Bengal.

The choice of Singur was made by the company among six sites offered by the state

government. The project faced massive opposition from displaced farmers. The unwilling

farmers were given political support by West Bengal's opposition leader Mamata Banerjee.

Banerjee's "Save Farmland" movement was supported by environmental activists like

MedhaPatkar, AnuradhaTalwar and Arundhati Roy. Banerjee's movement against

displacement of farmers was also supported by several Kolkata based intellectuals like

AparnaSen, KaushikSen, ShaonliMitra and Suvaprasanna. Leftist activists also shared the

platform with Banerjee's Trinamool Party. The Tatas finally decided to move out of Singur

on 3 October 2008. Ratan Tata blamed agitation by Banerjee and her supporters for the

pullout decision. On 7 October 2008, the Tatas announced that they would be setting up the

Tata Nano plant in Sanand, Gujarat.

The CM of Gujarat, NarendraModi then sent an SMS to Mr. Ratan Tata, which simply said

"Suswagatham", to persuade him to relocate the Nano factory to Gujarat.

It took 14 months to build a new factory in Sanand, Gujarat compared with 28 months for the

Singur factory

FUTURE PROSPECTS :

Tata Motors plans to launch deluxe version of the Nano by 2012.It plans to sell world’s cheapest

car (Tata Nano) in countries Africa, Latin America, and members of the south Asian association of

south Asian nations. It spends 30 billion rupees a year on the new products and plants.

Tata Manza CS -

Tata Motors has been expanding its range by adding more variants to its current portfolio. The

Pimpri-based automaker launched the Aria 4x2 this month to fill in the price gap between the

already existing Safari and the 4x4 version of the Aria. The Vista will soon get a facelift (as we

had mentioned in our older story) where the car will get some features from its elder sibling the

Manza....read full review Tata Motors has been expanding its range by adding more variants to its

current portfolio. The Pimpri-based automaker launched the Aria 4x2 this month to fill in the price

gap between the already existing Safari and the 4x4 version of the Aria. The Vista will soon get a

facelift (as we had mentioned in our older story) where the car will get some features from its elder

sibling the Manza.

Tata Aria AT Review

Tata had recently introduced the 4x2 version of the Aria to increase its sales by making it

more affordable. Now, Tata Motors is working towards a higher-end version for its crossover

which will come with an automatic gearbox. The automatic version of the Aria has already

been undergoing tests in India as well as abroad....read full review Tata had recently

introduced the 4x2 version of the Aria to increase its sales by making it more affordable. Now,

Tata Motors is working towards a higher-end version for its crossover which will come with an

automatic gearbox. The automatic version of the Aria has already been undergoing tests in India

as well as abroad. We believe that Tata could have utilised some of the technology and expertise

from JLR to develop its first auto ‘box.  The Aria has undergone certain tests in the UK for about

3,000-4,000km. The new automatic transmission  will not service the Aria but will also make it

way to the new Safari.

Tata Motors, which made a turnaround by posting a net profit of Rs2,571.06 crore in FY 10, has

drawn up a Rs2,500-3,000 crore capital expenditure plan for its Indian operations and £600-700

million for its Jaguar Land Rover subsidiary. "In the domestic business, we plan to invest

Rs2,500-3,000 crore annually," Tata Motors chief financial officer C Ramakrishnan told

reporters here today. "This expenditure will continue to be in this range going forward as we

continue to have a very large portfolio and number of product development plans.