The portion reserved for employees will constitute up to 0.5 per cent of the post-offer paid-up equity share capital, while that reserved for TML shareholders will constitute up to 10 per cent of the offer, the company said in an addendum filed with the market regulator on Tuesday. These shares will be available for allocation on a proportionate basis.
Please help me understand what this means particularly what is the “record date” or equivalent for Tata Motors shareholders to be eligible. Also, where can I read the actual “addendum filed with the market regulator on Tuesday”? Addendum can be read here: SEBI | Tata Technologies Limited - Addendum to the DRHP
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