Tata Motors CV Arm to List on Stock Market on Nov 12

Big news for Tata Motors investors! The company has completed a major demerger — meaning it has split into two separate listed companies: 1. Tata Motors Passenger Vehicles Ltd (TMPVL) – handles cars, EVs, and Jaguar Land Rover (JLR). 2. Tata Motors Ltd (CV arm) – handles commercial vehicles (CVs) like trucks, buses, etc. The CV business will officially list on BSE & NSE on November 12, 2025 under the symbol TMCV. Here’s how it works for shareholders: • For every 1 Tata Motors share you held as of October 14, 2025, you’ll get 1 share of the new CV company. • So, your total number of shares doubles — one in the PV company and one in the CV company. Listing details: • Around 368 crore shares (face value ₹2 each) will start trading. • The new stock will be in the trade-for-trade segment for 10 sessions — meaning only delivery trades allowed, no intraday trading at first. • Based on earlier prices, the CV arm’s implied value is around ₹260 per share (derived from Tata Motors’ pre-demerger price of ₹660.75 and PV listing at ₹400). ✅ The demerger was approved by the NCLT (Mumbai) earlier this year. ✅ Tata Motors Passenger Vehicles listed on Oct 14 and is now trading near ₹410, up about 4% since listing. ✅ The PV arm will announce its first post-demerger results on Nov 14. This listing marks a landmark restructuring for Tata Motors — allowing each business (PV and CV) to focus better on its own growth, strategy, and investors. In short: You’ll soon see two Tata Motors stocks on the market — one for cars (PV) and one for trucks (CV). Same brand, two focused businesses, more clarity for investors.