SOURCE : NEW18 NEWS
Last Updated:May 06, 2025, 07:10 IST
Tata Motors Demerger News: Tata Motors will split its Commercial and Passenger vehicle businesses into two listed companies. Check ratio and other details.
Tata Motors Demerger Meeting: Shareholders to vote for proposal today, check ratio and other details.
Tata Motors Demerger Date: On May 6, Tata Motors shareholders will vote on a proposal to split the company into two separate listed entities: one for commercial vehicles (CV) and one for passenger vehicles (PV).
The equity shareholders’ meeting of Tata Motors Limited is scheduled for Tuesday, May 6, 2025, at 3:00 p.m. (IST) via video conferencing/other audio-visual means. The purpose is to consider and, if agreed, approve the Composite Scheme of Arrangement among Tata Motors, TML Commercial Vehicles Limited, Tata Motors Passenger Vehicles Limited, and their shareholders.
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Tata Motors Demerger Plan Details
According to the plan, TML will split its Commercial Vehicle business, including all its assets, liabilities, employees, and related investments, into TMLCV. Meanwhile, the Passenger Vehicle business in TMPV will merge back into the existing listed entity TML.
When the Scheme takes effect, both TMLCV and TML will be renamed, resulting in two separate listed entities: 1) The Commercial Vehicle business and related investments under TML, and 2) The Passenger Vehicle business, including the Electric Vehicle (TPEM) business, JLR, and related investments, under TMPV.
Tata Motors Demerger Ratio
For every fully paid-up share of TML of Rs 2/- held, shareholders will receive one share of TMLCV of Rs 2/-, fully paid up.
Tata Motors Demerger Timeline
Let’s have a look at how Tata Motors Demerger Process Move:
August 01, 2024: Tata Motors’ board approved the Scheme of Arrangement (the demerger scheme).
March 25, 2025: The National Company Law Tribunal (NCLT), Mumbai Bench, ordered a shareholders’ meeting to consider the demerger.
March 28, 2025: It is fixed as cut-off date for determining shareholders eligible to vote on the demerger.
What’s Next If Shareholders Approve The Demerger?
If shareholders approve the scheme of arrangement, then July 01, 2025 is fixed as “appointed date” for the demerger to take effect, which is of course subject to necessary approvals.
- First Published:
May 06, 2025, 07:10 IST
