FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the Month of August 2010
Commission File Number: 001-32294
TATA MOTORS LIMITED
(Translation of registrants name into English)
BOMBAY HOUSE
24, HOMI MODY STREET,
MUMBAI 400 001, MAHARASHTRA, INDIA
Telephone # 91 22 6665 8282 Fax # 91 22 6665 7799
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ¨ No x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ¨ No x
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes ¨ No x
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g 3-2(b): Not Applicable
TABLE OF CONTENTS
Item 1: | Form 6-K dated August 10, 2010 along with the Press Release. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
Tata Motors Limited | ||
By: | /S/ HOSHANG K SETHNA | |
Name: | Hoshang K Sethna | |
Title: | Company Secretary |
Dated: August 10, 2010
Item No 1
RESULTS OF THE POSTAL BALLOT
Pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, the approval of the shareholders was sought by Postal Ballot for:-
1. | Raising of additional long term resources |
2. | Issuance of A ordinary shares on exercise of conversion option by holders of zero coupon Convertible Alternative Reference Securities (CARS) |
3. | Increase in borrowing limits |
4. | Creation of Charges on the Companys properties |
5. | Payment of advisory fees to Mr Ravi Kant, Vice Chairman |
Ms. Shirin Bharucha, Legal Advisor, was appointed as the Scrutinizer for conducting the postal ballot process in a fair and transparent manner.
The last date for receipt of the postal ballot form duly completed from the shareholders was Friday, August 6, 2010.
The Scrutinizer submitted her Report on the Postal Ballot and the following results were announced on August 10, 2010 at the Registered Office of the Company:
Type of Capital |
In favour | Against | Invalid Votes | Total | ||||||||||||||||||||
Particulars |
No of Ballot Papers |
No. of votes | % | No of Ballot Papers |
No. of votes |
% | No of Ballot Papers |
No. of votes |
% | No of Ballot Papers |
No. of votes | |||||||||||||
Special Resolution No. 1: |
OS | 8752 | 318778404 | 293 | 20807279 | 646 | 115448 | 9691 | 339701131 | |||||||||||||||
AOS | 975 | 2436990 | 23 | 288830 | 87 | 809 | 1085 | 2726629 | ||||||||||||||||
Total | 9727 | 321215394 | 93.81 | 316 | 21096109 | 6.16 | 733 | 116257 | 0.03 | 10776 | 342427760 | |||||||||||||
Special Resolution No.2: |
OS | 8496 | 338322830 | 288 | 13519166 | 907 | 164676 | 9691 | 352006672 | |||||||||||||||
AOS | 976 | 2591661 | 14 | 134092 | 95 | 873 | 1085 | 2726626 | ||||||||||||||||
Total | 9472 | 340914491 | 96.10 | 302 | 13653258 | 3.85 | 1002 | 165549 | 0.05 | 10776 | 354733298 | |||||||||||||
Ordinary Resolution No.3: |
OS | 8336 | 320349476 | 424 | 19333042 | 931 | 164618 | 9691 | 339847136 | |||||||||||||||
AOS | 958 | 2436760 | 29 | 288981 | 98 | 890 | 1085 | 2726631 | ||||||||||||||||
Total | 9294 | 322786236 | 94.22 | 453 | 19622023 | 5.73 | 1029 | 165508 | 0.05 | 10776 | 342573767 | |||||||||||||
Ordinary Resolution No.4: |
OS | 8299 | 319818937 | 441 | 19700376 | 951 | 205844 | 9691 | 339725157 | |||||||||||||||
AOS | 956 | 2436775 | 28 | 288960 | 101 | 897 | 1085 | 2726632 | ||||||||||||||||
Total | 9255 | 322255712 | 94.10 | 469 | 19989336 | 5.84 | 1052 | 206741 | 0.06 | 10776 | 342451789 | |||||||||||||
Special Resolution No.5: |
OS | 8271 | 347217437 | 331 | 3482957 | 1089 | 230444 | 9691 | 350930838 | |||||||||||||||
AOS | 932 | 2619684 | 38 | 105948 | 115 | 1000 | 1085 | 2726632 | ||||||||||||||||
Total | 9203 | 349837121 | 98.92 | 369 | 3588905 | 1.01 | 1204 | 231444 | 0.07 | 10776 | 353657470 |
OS- Ordinary Shares
AOS- A Ordinary Shares
Note: A Ordinary Shareholders are entitled to one vote for every ten A Ordinary Shares held as per the terms of its issue and Articles of Association. Any fractions have been ignored. The voting rights for the A Ordinary Shares have accordingly been reckoned.
Accordingly, all the above Resolutions have been passed by the requisite majority.
About Tata Motors.
Tata Motors is Indias largest automobile company, with consolidated revenues of INR 70,938.85 crores (US$ 14 billion) in 2008-09. Tata Motors has operations in the UK, South Korea, Thailand and Spain and among them is Jaguar Land Rover, the business comprising of the two iconic British brands. With over 4 million Tata vehicles plying in India, it is the leader in commercial vehicles and among the top three in passenger vehicles. It is also the worlds fourth largest truck manufacturer and the second largest bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America. It also has a industrial joint venture with Fiat in India. (www.tatamotors.com )
Safe Harbor: Statements included herein may constitute forward-looking statements. Forward-looking statements are based on expectations, forecasts and assumptions by management and involve risks, uncertainties, and other factors that may cause our actual results, performance or achievements to materially differ from those stated. We cannot be certain that any expectation, forecast or assumption made by management in preparing these forward-looking statements will prove accurate, or that any projection will be realized. More detailed information about these and other factors that could affect future results is contained in our annual reports and filings with the Securities and Exchange Commission. Our forward-looking statements pertain to the date of their initial issuance, and we do not undertake to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.