Form 6-K

 

 

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 registrant’s 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 Company’s 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 India’s 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 world’s 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.