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Board of Tata Motors-DVR does not recommend dividend

Tata Motors-DVR announced that the Board of Directors of the Company at its meeting held on 26 May 2015, inter alia, has transacted the following:

- considering the continued weak operating environment in the standalone business, and in view of the losses for the year, no dividend is permitted to be paid to the Members for FY2014-15, as per the Companies (Declaration and Payment of Dividend) Rules, 2014.

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