has finalized its corporate restructuring, separating its commercial and passenger vehicle segments. The passenger vehicle business will now trade as Tata Motors Passenger Vehicles (TMPV), effective October 24, 2023. The demerger, with a record date of October 14, 2023, splits Tata Motors into two listed entities: Tata Motors for commercial vehicles and TMPV for passenger vehicles, including Jaguar Land Rover operations. Shareholders will receive one share in the commercial vehicle company for every Tata Motors share held, maintaining their stake in both entities. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.