The Board of Directors of Tata Motors Limited (TML) has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies.
Tata Motors to Split Passenger and Commercial Vehicles Business
This means, the Commercial Vehicles business and its related investments in one entity and the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of TML shall continue to have the identical shareholding in both the listed entities.
Over the pa...
Tata Motors to Split Passenger and Commercial Vehicles Business
This means, the Commercial Vehicles business and its related investments in one entity and the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of TML shall continue to have the identical shareholding in both the listed entities.
Over the pa...
