Tata Motors Shares In Focus As Company Sets May 6 Demerger Vote – News18
Last Updated:
Tata Motors will hold a shareholder meeting on May 6 to vote on a plan to separate its commercial and passenger vehicle businesses.
Tata Motors Shares Are In Focus After Company Has Fixed Demerger Vote Date On May 6
Tata Motors Demerger 2025: Tata Motors has announced that it will hold a meeting of its equity shareholders on May 6 to vote on a proposed composite scheme of arrangement. It aims to separate the commercial and passenger vehicle businesses.
“…Meeting of the Equity Shareholders of Tata Motors Limited (“the Company”) is scheduled to be held on Tuesday, May 6, 2025 at 3.00 p.m (IST), through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) (“Meeting”) for the purpose of considering, and if thought fit, approving the Composite Scheme of Arrangement amongst the Company, TML Commercial Vehicles Limited, Tata Motors Passenger Vehicles Limited and their respective shareholders (“the Scheme”),” the company said in the filing.
More updates shortly…
