Tata Motors has officially announced October 14, 2025, as the record date for its long-awaited demerger, marking a pivotal restructuring of its business.
Key developments include:
- The demerger took effect on October 1, 2025, following NCLT approval, splitting the company into two distinct entities: Tata Motors Passenger Vehicles Ltd (TMPVL) and TML Commercial Vehicles Ltd (TMLCV).
- Shareholders will receive one equity share of TMLCV for every Tata Motors share held as of the record date. These shares will carry a face value of Rs 2 and are expected to be listed on BSE and NSE by mid-November.
- October 10 has been set as the record date for transferring specific non-convertible debentures to TMLCV.
- TMPVL will now house the passenger vehicle, electric vehicle, and Jaguar Land Rover businesses.
- Tata Motors stock rose over 4 percent post-announcement, reflecting investor optimism.
Sources: Moneycontrol, Economic Times, CNBC-TV18, Times Now, NDTV Profit, Livemint.