Due Diligence Assignment

Tata Motors
Submitted by:
Group 1
Garima Agarwal, 01
Bradley Fernandes, 11
Jainesh Jain, 21
Sanika Korgaonkar, 31
Hrushikesh Panchwagh, 41
Aditya Sharma, 51

General Management

1. Is gender diversity followed on the Board of Directors?

2. What is the criteria for a person to qualify as a member of the board?
3. Do the current board members hold top managerial positions in any other company? If yes, has it
been disclosed in the annual report?
4. Are there any issues amongst the board members?
5. How many common members are there on the board of JLR? How much voting rights to these
members have?
6. Are minutes of meeting properly recorded with record of last 5 years publicly available?

Legal

1. Are there chances of regulatory changes in automobile sector?

2. How is company coping with new carbon emission norms of BS VI?
3. Is there a rise in the consumer complaints/ claims?
4. Does the company have any history of any Anti-Trust Violation?
5. Are there any allegations/accusations for deceptive trade practices?

Marketing

1. How are consumer preferences changing in automobile sector?

2. Have you lost any major customers in the past 6 months?
3. What does the market research tell about the future of consumer vehicles? Is it slowing down?
4. What are the major threats and opportunities that Tata Motors looks in the Automobile Industry?
5. What is your vision looking at the downturn of Automobile Sector? Is Company focusing to reduce
cost or is it aiming to launch new products even in the low demand market for automobiles?
6. What do you believe is the Unique Selling Proposition of SUV models under JLR?

Operations

1. How do you plan to stabilise supply chain & logistics amid the pandemic situation?
2. Amid the border tensions with China, how do you plan to cut exposure with the country?
3. How does Export Promotion Capital Goods (EPCG) scheme effects your exports and related
contracts?
4. What is the structure of production and assembly line?
5. Do you follow principles such as Theory of Constraints, Lean Management & Total Quality
Management?
6. What are future plans of Tata Motors to launch of Electric Vehicles?
7. What is the record of monthly manufacturing yields?
 8. Explain geography-wise supply restrictions?

Human Resource

1. How do you address any situation sexual harassment in Tata Motors?

2. What is the performance appraisal process? Is training and development followed by it to fill up the
gaps in skills requirements?
3. What are the main focus areas in your on boarding process that help in employee retention? What
is the retention percentage?
4. What do you have to say about the rumoured thousand attrition rate in JLR during pandemic?
5. Is the HR policy work-life balance (high number of employees) based or high incentive/bonus
based? (low number of employees)

Finance

1. How do you aim at nearing zero level debt in three years?

2. What do you make of rumours of potential stake sale in JLR?
3. How do you plan to tackle the situation to get back to the pre-pandemic levels in terms of
profitability?
4. Is automobile sector expecting any major financial relief from government?
5. When will be the company back on dividend paying list?
6. How do you plan to deal with the drop in credit rating of Tata Motors due to the impact of the
pandemic?
7. Are there any future plans to raise money for expansion purpose?
8. How are you able to manage working capital & liquidity requirements?
9. How do you plan to utilise the $1 billion funds raised from international markets in the form of
Non-Convertible Debentures?
10. How do you plan to bear the financial impact of the scheme of 6 month EMI holiday on selected
models, easy financing options for policemen, doctors and frontline warriors?
11. Do you see any possibility of Bad Debt due to postponement of EMI Payment?
12. Can you provide the list of mortgages and collateral pledges?

Social Behaviour & Responsibility

1. What is the amount of donations made by Tata Group for fighting of Covid-19?
2. What are the results of collaborating with RMI (responsible minerals initiative) on the matter of
conflict minerals policy?
3. How does Tata Motors plan of Zero Emissions, Zero Accidents and Zero congestions progressing for
JLR?
4. Are there any issues in facilitating CSR initiative - VIDYADHANAM (for augmenting education
system) amid shift to online education?