By Aparna Deb,News18
Copyright news18
Tata Motors Demerger Record Date: Tata Motors Ltd., the leading manufacturer of passenger and commercial vehicles, has set Tuesday, October 14, 2025, as the record date for the demerger of its Commercial Vehicle (CV) business into a separate listed entity.
The effective date of the demerger is Wednesday, October 1, 2025. Shareholders holding Tata Motors shares in their demat accounts before October 14 will be eligible to receive shares of the newly demerged CV company. Eligible investors will get one share of the demerged CV unit for every one share they currently own as of the record date.
Following the record date, Tata Motors will begin trading ex-Commercial Vehicles from October 15, and the existing listed company will be renamed Tata Motors Passenger Vehicles Ltd. (TMPVL). The company said during its recent analyst meet that the demerged CV unit is expected to begin trading on the stock exchanges by mid-November, subject to regulatory approvals.
Meanwhile, Tata Motors has also been in the spotlight due to ongoing production challenges at its UK subsidiary, Jaguar Land Rover (JLR). The production pause at JLR had been extended until October 1, and while the company has indicated that operations are gradually resuming, it has not provided a definitive timeline for full recovery.
Brokerage firm Jefferies, in a note released on Tuesday, said it remains positive on India’s Passenger Vehicle (PV) demand outlook but is less optimistic about margin improvement in Tata Motors’ PV business and the recent Iveco acquisition. Jefferies retained its ‘Underweight’ rating on the stock with a price target of Rs 575.
Shares of Tata Motors rose 4% to Rs 707.3 following the record date announcement.
