Tata Motors544569Stake acquisition deal
Tata Motors' arm TSCMSL acquires 26% of Mateshwari E-Smart Mobility (Hyderabad) for Rs.2.6 lakh
26%Stake acquired
- Target Company
- Mateshwari E-Smart Mobility (Hyderabad) Private Limited
- Acquisition Stake
- 26% (26,000 equity shares)
- Consideration
- ₹2,60,000 in cash at ₹10 per share
- Business Focus
- E-Mobility service sector, operation and maintenance of electric buses
- Target
- Mateshwari E-Smart Mobility (Hyderabad) Private Limited
Tata Motors' arm TSCMSL acquires 26% of Mateshwari E-Smart Mobility (Hyderabad) for Rs.2.6 lakh.
Target incorporation
Completion of acquisition indicative
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More numbers
- Total consideration₹2,60,000/-
- Stake acquired26%
- Shares acquired26,000 equity shares
- Price per share₹10 per share
- Paid up capital of target₹10,00,000/-
Source: BSE · 28 Sep 2026
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