Tata Motors Subsidiary Acquires 26% Stake in Traveltime E-Mobility for $3,51,350

Tata Motors Ltd announced that its wholly owned subsidiary, TML Smart City Mobility Solutions Limited (TSCMSL), has invested an amount of $3,51,350 in Traveltime E-Mobility Chennai Private Limited (TECPL), acquiring 26% of its paid-up share capital. This investment makes TECPL an associate of Tata Motors. TECPL operates in the service sector and was incorporated on December 23, 2025. The acquisition is not a related party transaction and TECPL's business aligns with the objectives of Tata Motors. The acquisition is expected to be completed by January 31, 2026.