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Tata Motors Demerger: Tata Motors Limited, one of India’s largest automobile manufacturers, has officially changed its name to Tata Motors Passenger Vehicles Limited (TMPV) as part of its corporate restructuring plan. The move follows the approval of a composite scheme of arrangement by the National Company Law Tribunal (NCLT), Mumbai Bench, marking a significant milestone in the automaker’s ongoing demerger process. The demerger of Tata Motors became effective on October 1, 2025. Here are five key things shareholders and investors need to know: 1. Trading Symbol to Change on October 24 With the new name, the company’s trading symbol will also be updated. Starting Friday, October 24, 2025, the scrip ID/Symbol will change from TATAMOTORS to TMPV on both BSE and NSE. All historical data and price information will be carried forward under the new symbol, ensuring continuity for investors. 2. Name Change Effective from October 13, 2025 The Registrar of Companies, Mumbai, issued a fresh Certificate of Incorporation on October 13, 2025, formally recording the company’s new name — Tata Motors Passenger Vehicles Limited. The change comes after the NCLT sanctioned the restructuring scheme through orders dated August 25 and September 10, 2025. 3. Passenger Vehicle Business to Remain Under TMPV Tata Motors Passenger Vehicles Limited will continue to handle the group’s passenger vehicle business, including its electric vehicle (EV) division and investments in Jaguar Land Rover (JLR). This consolidation under TMPV is part of Tata Group’s strategy to streamline operations and bring sharper focus to the growing passenger and EV markets. 4. Commercial Vehicle Unit Now Under a Separate Entity The commercial vehicle business has been moved to a new subsidiary named TML Commercial Vehicles Limited (TMLCV). This split allows both divisions to operate independently, align with their distinct business priorities, and potentially unlock greater value for shareholders. Though TMPV will be listed on stock exchanges on October 24, TMLCV will remain unlisted initially and the company said “the process of listing usually takes 45-60 days from the date of filling necessary application with Stock Exchanges”. In an email to shareholders recently, Tata Motors CV said that 3,68,23,31,373 shares have been allotted to the eligible shareholders of TMPVL. The shares of Tata Motors Commercial Vehicle have been allotted to shareholders subject to their eligibility on the record date, which was October 14. The shares have been allotted in the ratio of 1:1. 5. Other Corporate Details Remain Unchanged Apart from the name and ticker change, all other details, including the Corporate Identification Number (CIN), registered office address, and contact information, remain the same. The company said the new name will appear in all future communications, annual reports, and official documents. The reorganisation marks a new chapter for the Tata Motors group, positioning it to capture emerging opportunities in India’s fast-evolving passenger and electric mobility segments, while maintaining a clear operational boundary with its commercial vehicle business.
