Tata Motors’ newly demerged commercial vehicle entity’s shares, credited to investors’ demat accounts post-October 14, 2025 record date, are expected to begin trading by late November or early December 2025 after receiving regulatory approvals from NSE and BSE.
Tata Motors Limited has completed the demerger of its commercial vehicle (CV) and passenger vehicle (PV) businesses, resulting in two distinct listed entities. Following the record date of October 14, 2025, eligible shareholders received shares of the new commercial vehicle company, Tata Motors Limited (formerly TML Commercial Vehicles Ltd.), credited in their demat accounts on October 16. However, these shares remain non-tradeable for now, as they await official approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The company has submitted its listing applications to the exchanges, and the approval process typically takes 45 to 60 days. Market expectations suggest that Tata Motors CV shares will be listed and commence trading between late November and early December 2025, assuming no procedural delays occur.
Investors should note that while the CV shares are visible in their demat accounts, they will remain frozen and non-tradeable until the exchanges grant final listing approval. Once approved, these shares will be tradable independently from the passenger vehicle shares, which already trade under Tata Motors Passenger Vehicles Limited.
This demerger is a significant strategic move, allowing focused operations and dedicated growth paths for both vehicle segments, enabling better investor value and market clarity.
Key Highlights
Record date for demerger was October 14, 2025; shares credited October 16, 2025.
Tata Motors Commercial Vehicles Ltd renamed to Tata Motors Ltd post-demerger.
Shares currently non-tradeable, pending BSE and NSE listing approvals.
Listing approval process expected to take 45-60 days from application submission.
Trading of CV shares likely to start between late November and early December 2025.
Demerger separates passenger vehicle and commercial vehicle businesses for focused growth.
Source: Business Standard, GoodReturns, Economic Times, NDTV Profit