Tata Motors announced a demerger effective October 1, 2025, splitting its businesses into two separate listed entities 1. Tata Motors Passenger Vehicles (TMPV): This will include the Passenger Vehicle (PV), Electric Vehicle (EV), and Jaguar Land Rover (JLR) businesses, retaining the Tata Motors name initially. 2. TML Commercial Vehicles (TMLCV): This will house the Commercial Vehicle (CV) business and related investments, later to be renamed Tata Motors Ltd. 🔸Record Date is in October 1, 2025, to determine eligible shareholders for the demerger. Share Entitlement Ratio is in 1:1, meaning shareholders will receive one fully paid-up share of TMLCV (face value ₹2) for every one fully paid-up share of Tata Motors (face value ₹2) held. 🔸Listing of both entities will be listed separately on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), with listing dates to be announced later. 🔸The demerger aims to enhance strategic focus, agility, and value creation by allowing each entity to pursue independent strategies. Synergies are expected in PV, EV, and JLR, particularly in electric vehicles, autonomous technology, and vehicle software. 🔸The demerger follows approval by the National Company Law Tribunal (NCLT) and is expected to be completed in Q2 FY26 (July–September 2025). The appointed date for the demerger is July 1, 2025. Shareholders as of the record date will hold identical stakes in both entities, enabling independent trading and investment opportunities.