Tata Motors Subsidiary Increases Iveco Group Stake to 96.29%

Tata Motors' indirect wholly-owned subsidiary, TML CV Holdings B.V., has received provisional results from the reopening of its tender offer for Iveco Group N.V. common shares. During this period, 18,309,029 common shares were tendered, bringing TML CV Holdings B.V.'s potential shareholding to approximately 96.29% of Iveco Group's common share capital, net of treasury shares. The payment date for this transaction is set for November 13, 2026. This move brings Tata Motors closer to a potential Dutch legal squeeze-out of remaining shareholders.