Outcome of the Board meeting - Subsidiarization of Company's Passenger Vehicles business including electric vehicle business ('PV Undertaking') by way of a slump sale effected through a Scheme of Arrangement Pursuant to the order passed by the Hon''ble National Company Law Tribunal, the meeting of the Equity Shareholders of the Company was held on Friday, March 5, 2021 at 3.30 p.m. through two-way video conferencing / other audio visual means to transact the business contained in the Notice, for approval of Scheme of arrangement between the Company and TML Business Service Analytics Limited and their respective shareholders. In this regard, please find enclosed the following: i.Summary of the proceedings of the meeting of the Company, as required under Reg 30 of the SEBI Listing Regulations - Annexure A.ii.Consolidated voting results of the postal ballot, remote e-voting (prior to and during the meeting), in relation to the business transacted at the meeting, as required under Reg 44(3) of the SEBI Listing Regulations - Annexure B. iii.The Scrutinizer''s Report dated March 5, 2021, pursuant to Sec 108 of the Companies Act, 2013 read with the rules framed thereunder - Annexure C. (AS Per BSE Announcement Dated on 06.03.2021) This is in furtherance of our letter dated August 27, 2021 informing about the approval and sanction of the Scheme by the Honb'le National Company Law Tribunal, Mumbai Bench vide order dated August 24, 2021. We are pleased to inform you that all the conditions required for effectiveness of the Scheme referred to in Clause 24 of the Scheme have been fulfilled and/or waived in accordance with the Scheme. Accordingly, the Scheme is effective today, with 'Effective Date' being January 1, 2022. The Appointed Date as per the Scheme is the Effective Date. Therefore, the entire Passenger Vehicle Undertaking of the Company stands transferred under the Scheme to Tata Motors Passenger Vehicles Limited with effect from January 1, 2022. (As Per BSE Announcement Dated on 01.01.2022) Outcome of the Board meeting approving Scheme of Arrangement (As per BSE Announcement Dated on 01/08/2024)