Please be informed that the Board of Directors has, at its meeting held today, approved (subject to the requisite regulatory and other approvals) the following: 1. Sale of Company's defense business to Tata Advanced Systems Limited (TASL), a wholly-owned subsidiary of Tata Sons Limited (Company's Promoter) by way of a Scheme of Arrangement to be entered into between the Company, TASL and their respective members and/or creditors, as the case may be, pursuant to the provisions of Sections 230 to 232 of the Companies Act, 2013 and the rules made thereunder. ('Defense Business Transfer') 2. Sale of Company's shareholding in TAL Manufacturing Solutions Limited (TAL), a wholly-owned subsidiary, to TASL ('TAL Divestment') Enclosed are the following: a)Press release being issued by the Company in this regard - Annexure A. b)Details for the proposed Defense Business Transfer - Annexure B and For the proposed TAL Divestment - Annexure C Extension of date for completion of the Conditions Precedents mentioned in the Scheme of Arrangement between the Company and Tata Advanced Systems Limited for transfer of Defense Undertaking. (As Per BSE Announcement Dated On 21/05/2019) We are pleased to inform you that, the Hon''ble National Company Law Tribunal, Mumbai Bench ('NCLT') vide its order dated December 12, 2019, has sanctioned the said Scheme. A certified copy of the order passed by the NCLT along with a copy of the Scheme is being made available on the Company's website www.tatamotors.com. (As per BSE Announcement Dated on 17.12.2019) We are pleased to inform you that, the Hon''ble National Company Law Tribunal, Hyderabad Bench ('NCLT') vide its order dated December 20, 2019, has sanctioned the said Scheme. We would like to bring to your notice that as per Clause 21 of the Scheme, this Scheme would be effective on receipt of necessary approvals from authorities, including the Ministry of Defense. The Company would be filing/intimating the said order with the Registrar of Companies, Mumbai ('ROC') within 30 days of the said order as also when the Scheme become effective as mentioned above. (As Per BSE Announcement Dated 23.12.2019) Extension of date for completion of the Conditions Precedents mentioned in the Scheme of Arrangement between the Company and Tata Advanced Systems Limited ('TASL'/ 'Transferee Company') for transfer of Defense Undertaking ('the Scheme') (As Per BSE Announcement dated on 31.07.2020) Extension of date for completion of the Conditions Precedents mentioned in the Scheme of Arrangement between the Company and Tata Advanced Systems Limited ('TASL'/ 'Transferee Company') for transfer of Defense Undertaking ('the Scheme') (As Per BSE Announcement dated on 17.12.2020)