Tata Motors has mounted Tuesday, October 14, because the document date to find out the eligibility of shareholders who will obtain fairness shares of TML Industrial Automobiles Ltd (TMLCV), the newly shaped entity put up the demerger.
These holding Tata Motors shares as of that date will obtain 1 fairness share of TMLCV (face worth Rs 2) for each 1 share held in Tata Motors, successfully mirroring their current shareholding.
The demerger is a part of a broader company restructuring initiative that entails Tata Motors Restricted (the demerged firm), TMLCV (the ensuing firm), and Tata Motors Passenger Automobiles Ltd (TMPV), which has been amalgamated into Tata Motors.
TMPV ceased to exist as a separate entity with impact from October 1, 2025, following regulatory approvals.
The scheme for Tata Motors’ demerger was permitted by the Nationwide Firm Legislation Tribunal (NCLT), Mumbai Bench, and have become efficient after the corporate filed the required paperwork with the Registrar of Corporations.Tata Motors has additionally mounted Friday, October 10, because the document date for figuring out debenture holders of particular non-convertible debentures (NCDs) that will likely be transferred to TMLCV as a part of the identical scheme.Shares of TMLCV are proposed to be listed on each the BSE and NSE.
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The demerger is anticipated to pave the way in which for a sharper enterprise focus and potential worth unlocking throughout the business and passenger car segments.
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