Tata Motors Demerger Highlights: Street awaits shareholder approval for CV business spin-off

Tata Motors Demerger Highlights: Shares of Tata Motors will be in focus on Tuesday, May 6, as its shareholders gather virtually to vote on the company's proposal to demerge the business into two separate entities, one for the Passenger Vehicles and one for Commercial Vehicles. The Passenger Vehicle business will house the ICE, Electric Vehicles and JLR entities. Watch this space for all the Live Updates.

Tata Motors Demerger Highlights: Shares of Tata Motors will be in focus on Tuesday, May 6, as its shareholders gather virtually to vote on the company's proposal to demerge the business into two separate entities, one for the Passenger Vehicles and one for Commercial Vehicles. The Passenger Vehicle business will house the ICE, Electric Vehicles and JLR entities. The two entities will now be known as Tata Motors Light Commercial Vehicles (TMLCV) and Tata Motors Light Passenger Vehicles (TMLPV). Shareholders are set to convene at 3 PM this afternoon. In case the resolution is approved by shareholders, Tata Motors shareholders will be entitled to receive one share of the demerged Commercial Vehicles business, for every one share they hold. The shareholders who had shares of Tata Motors as of March 28, 2025, will be eligible to participate in this meeting. Watch this space for all the Live updates.