Tata Motors to demerge CV and PV business

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On March 4, Tata Motors Ltd. (TML) notified the stock exchanges of its plan to separate its operations into the passenger vehicle (PV) and commercial vehicles (CV) sectors, two distinct listed companies.

[{"selector":"#anim-901ae4f4-ddf9-42e4-b82c-27abbd8fd5db [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ad901b9c-bbe2-4526-95a8-84acda5ab549","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Tata Motors to demerge CV and PV business Know More

The demerger will be carried out through an NCLT scheme of arrangement and all Tata Motors shareholders will maintain the same shareholding in both the listed entities. The demerger may take an additional 12 to 15 months to complete depending on the necessary shareholder, creditor, and regulatory approvals.

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[{"selector":"#anim-349e85bc-1fa6-4fd8-9567-7d552e1a76f8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(9.267948727305653e-15%, -8.794146659194824e-7%) scale(1.434782608695652)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d8e68f19-5f46-4da0-ad2f-90f2eb000068","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Demerger to create better opportunities in the market In recent years, Tata Motors has executed a remarkable comeback. As of right moment, the three automobile business divisions are running separately and producing reliable results. They will be more focused and agile as a result of this demerger, which will allow them to take advantage of the opportunities presented by the market.

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Tata Motors to demerge CV and PV business

Published : 05 March 2024

On March 4, Tata Motors Ltd. (TML) notified the stock exchanges of its plan to separate its operations into the passenger vehicle (PV) and commercial vehicles (CV) sectors, two distinct listed companies.

Check out more 5paisa webstories

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