Tata Motors Subsidiary's Tender Offer for Iveco Group Shares Approved

TML CV Holdings B.V., a wholly-owned subsidiary of Tata Motors, has received approval from Consob for its voluntary tender offer on all common shares of Iveco Group N.V. (IVG). The offer document has been approved, with the acceptance period set to run from September 7, 2026, to October 26, 2026, unless extended. The consideration offered is Euro 14.10 per common share. A potential reopening of the acceptance period is also outlined. This move is part of Tata Motors' strategic interests in Iveco Group.