New Delhi, Sept. 30 -- There are only a few hours remaining before Tata Motors completes its demerger into two separate listed entities. After the restructuring, one company will oversee the commercial vehicle division, while the other will manage the passenger vehicle segment, including the electric vehicle operations and Jaguar Land Rover.
Ahead of the demerger, effective October 1, here are the key details that every shareholder must know -
According to the demerger scheme, Tata Motors' commercial vehicle division will be demerged into TML Commercial Vehicles Limited (TMLCV), while passenger vehicle operations will remain under Tata Motors, which will be renamed Tata Motors Passenger Vehicles Limited.
The Tata Motors demerger has a ...
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