Shares of Tata Motors Limited (TML) trade ex-commercial vehicle business today. The company has already stated that TML has been demerged into two listed entities - TMLCV (Tata Motors Limited Commercial Vehicles) and TMPV (Tata Motors Passenger Vehicles). The demerge is effective from October 1 and the company has has fixed Tuesday, October 14, 2025, as the record date to ascertain eligibility of shareholders for this corporate action. The demerger was approved by shareholders in early FY26.
“The Company has fixed Tuesday, October 14, 2025, as the ‘Record Date’ to ascertain eligible shareholders of the Company who shall be issued and allotted 1 (one) share (face value of ₹2/- each fully paid up) in TMLCV, for every 1 (one) share (face value of ₹2/- each fully paid up) held in TML by them as on the Record Date (as per Share Entitlement Ratio under the Scheme),” Tata Motors said in a statement.
Tata Motors Limited Share Price
The shares of Tata Motors were discovered at Rs 400 on the National Stock Exchange (NSE). This is a fall of 39.5 per cent from the previous close of Rs 660.75.
On BSE, the stock opened at Rs 399 apiece. It then fell by around 2 per cent to trade at Rs 391.35 apiece.
While Tata Motors Limited will change its name to Tata Motors Passenger Vehicles Limited and shall carry on the passenger vehicles business, including its investments in Electric Vehicle business and JLR, TML Commercial Vehicles Limited shall be renamed as Tata Motors Limited.
According to the company, the proposed demerger of Tata Motors into two listed entities will bring strategic clarity.
During the period from the date of allotment of shares by TMLCV up to the date of listing on BSE & NSE thereof, the shares of TMLCV shall not be available for trading on the Stock Exchanges. The process of obtaining Listing and Trading permission generally takes 45-60 days from the date of filing the necessary application with the Stock Exchanges.
