Tata Motors: Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

Tata Motors: Tata clarifies on creating holding company to park Tata Motors’ demerged businesses

Tata Motors on Thursday issued a clarification on an ET report that said Tata Sons is understood to be creating a holding company for Tata Motors to house its passenger car and commercial vehicle businesses that are being demerged and registered as two separate entities. The auto major said, the demerger is being done through … Read more

Tata Motor Share Crosses Rs 1,000 Mark After Demerger Announcement; Stock Jumps Nearly 5%

Tata Motor Share Crosses Rs 1,000 Mark After Demerger Announcement; Stock Jumps Nearly 5%

Last Updated: March 05, 2024, 09:53 IST Tata Motor Demerger (Representational Photo) The demerger via the NCLT route will take around 12-18 months time to be implemented. Furthermore, post the de-merger, each shareholder of Tata Motors will get 1 share of both the new listed entities. Tata Motors was the stock of the moment in … Read more