Tata Motors renamed as Tata Motors Passenger Vehicles post demerger; CV unit to list later

Tata Motors demerger

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26 Aug, 2025 12:21

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Tata Motors has officially been renamed to Tata Motors Passenger Vehicles, with its new scrip id showing as 'TMPV' on stock exchanges. This comes after the stock adjusted to the demerger of its commercial vehicle business earlier this month.

The shares of the now demerged commercial vehicle business are expected to be listed on stock exchanges BSE and NSE later.

Tata Motors demerger:

Earlier this month, the company fixed October 14 as the record date for determining which shareholders are eligible to receive shares in its demerged commercial vehicle business. This means that investors who held Tata Motors shares as on the record date will be eligible for the demerger scheme.

These shareholders will get one share of the demerged entity for every one share of Tata Motors they own. The shares of TML Commercial Vehicles Ltd (TMLCV) are likely to begin trading on BSE and NSE in November. The demerger had already become effective from October 1. The stock adjustment took place on October 14.

In August last year, Tata Motors’ board approved the demerger of its commercial and passenger vehicle divisions into two separate listed entities in order to sharpen business focus and capitalise on future growth opportunities. Following the demerger, the passenger vehicle arm will be renamed Tata Motors Passenger Vehicles (TMPVL), while the commercial vehicles entity will be listed in November as Tata Motors (TML).

The 1:1 demerger will create two focused entities — Tata Motors Commercial Vehicles (TMLCV) and Tata Motors Passenger Vehicles (TMPV).

Tata Motors Passenger Vehicles share price history:

Tata Motors Passenger Vehicles shares were trading in the green with marginal losses at Rs 406.25 apiece after taking on its new name, as seen at 9.50 am. The stock had opened at Rs 400 apiece on October 14 after a special price-discovery session. The shares of the company are currently up nearly 2 percent since then.

Also read: Our LIVE blog on stock market updates

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