Tata Motors Shareholders Approve Landmark Split Into Passenger and Commercial Vehicle Giants

Shareholders of Tata Motors have overwhelmingly approved the company's plan to demerge its business into two listed companies: one for commercial vehicles (CV) and the other for passenger vehicles (PV), along with electric vehicles and Jaguar Land Rover. The resolution was passed with 99.9995% of votes in a virtual meeting held on May 6, 2025. According to the approved scheme, the shareholders will receive one share of Tata Motors Commercial Vehicles Limited (TMLCV) for every share held in Tata Motors, retaining their holding in both new companies. The move is aimed at giving each business greater focus and agility, unlocking value and enabling custom growth strategies. The demerger will be finalized in a period of 12–15 months' time, after which the two entities will be separately listed on Indian stock exchanges.

 

Source: Reuters, News18, CNBC TV18