Tata Motors Demerger: Tata Motors announces record date for demerger
Tata Motors Demerger : The long-anticipated split of Tata Motors Ltd. into its commercial vehicle division and passenger vehicle division will come into effect on October 1.
Under the demerger plan, shareholders will be allotted one share of the new commercial vehicle entity for each fully paid Tata Motors share they own as of the record date.
Tata Motors Demerger LIVE Updates: Key Developments and Market Reactions
Tata Motors’ Demerger Plan: What’s Happening?
Tata Motors, in August 2024, approved a strategic demerger of its operations into two separate, publicly listed entities—aimed at sharpening business focus and unlocking growth potential.
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Entity 1: The Commercial Vehicles (CV) business and related investments will be spun off into a new company named Tata Motors Ltd (TML).
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Entity 2: The Passenger Vehicles (PV) segment—including electric vehicles (EVs), Jaguar Land Rover (JLR), and associated assets—will be renamed Tata Motors Passenger Vehicles Ltd (TMPVL).
The demerger officially takes effect on October 1, 2025, with separate listings expected in October and November, subject to regulatory approvals.
🔴 LIVE UPDATES
🕒 1 Oct 2025 | 03:23 PM IST
Nuvama Retains ‘REDUCE’ Rating Despite Demerger Prospects
Nuvama Institutional Equities shared its takeaways post the company’s analyst meet, highlighting short-term challenges but mid-term growth prospects:
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JLR production recovery expected post-September 2025 cyber-attack
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Demand remains soft in Europe, China, and the US
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Domestic growth expected from GST cuts in H2FY26
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Iveco defence business acquisition at 2x CY24 EV/EBITDA to close by April 2026
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EPS accretive within two years
Despite these developments, Nuvama maintained a ‘REDUCE’ rating with a target price of ₹680 for September 2026, citing concerns over JLR performance.
🕒 1 Oct 2025 | 01:52 PM IST
Tata Motors Shares Rally Nearly 5%
Shares surged 4.83% to ₹713.05, reacting positively to the announcement of the demerger record date.
🕒 1 Oct 2025 | 01:28 PM IST
TMLCV Shares to Be Listed on NSE and BSE
Tata Motors confirmed that shares of the commercial vehicle entity TMLCV will be listed on both BSE and NSE, pending regulatory approvals.
🕒 1 Oct 2025 | 01:06 PM IST
Record Date Announced for Debenture Holders
Tata Motors has fixed Friday, October 10, 2025, as the record date for identifying eligible Non-Convertible Debenture (NCD) holders to be transferred to TMLCV.
🕒 1 Oct 2025 | 01:01 PM IST
Record Date for Shareholders Confirmed
Tata Motors set Tuesday, October 14, 2025, as the record date to determine eligible shareholders who will receive shares in the new CV entity (TMLCV) in a 1:1 swap.
🕒 1 Oct 2025 | 12:32 PM IST
What Happens to Investor Holdings Post-Demerger?
Example: A retail investor holding 50 Tata Motors shares as of the record date will continue to hold 50 shares in TMPVL, and will receive 50 shares in TMLCV, doubling their total holding to 100 shares.
🕒 1 Oct 2025 | 11:45 AM IST
When Will New Shares Be Credited?
Investors can expect the new TMLCV shares to be credited in their demat accounts by early November 2025, around 30 days after the record date.
🕒 1 Oct 2025 | 11:01 AM IST
Company Names Post-Demerger
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The PV business will operate under Tata Motors Passenger Vehicles Ltd (TMPVL)
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The CV business will be listed as Tata Motors Ltd (TML)
🕒 1 Oct 2025 | 10:17 AM IST
Record Date to Be Finalized Soon
The official record date for the demerger was pending final statutory filings at this time.
🕒 1 Oct 2025 | 10:01 AM IST
Structure of the Demerger
The CV business and associated investments will be housed under a new entity, while the PV and EV businesses—including JLR—will remain in the existing listed entity, renamed TMPVL.
🕒 1 Oct 2025 | 09:50 AM IST
Tata Motors Shares Gain 2.5% in Morning Trade
Early trading saw Tata Motors’ stock rise 2.48% to ₹689.75, reflecting positive market sentiment around the demerger.
🕒 1 Oct 2025 | 09:48 AM IST
Demerger Officially Takes Effect Today
The long-awaited demerger of Tata Motors into its CV and PV divisions is officially in effect as of October 1, 2025.