Wed Oct 08 11:30:00 UTC 2025: Here’s a news article summarizing the Tata Motors demerger:

**Tata Motors Sets Record Date for Landmark Demerger, Shares to Split in October 2025**

**Mumbai, India** – Tata Motors has announced October 14, 2025, as the record date for its highly anticipated demerger, paving the way for the creation of two distinct publicly traded entities. The move will split the company’s operations into two independently managed businesses: Tata Motors Passenger Vehicles Ltd, housing the passenger vehicle (PV), electric vehicle (EV) operations, including Jaguar Land Rover (JLR), and TML Commercial Vehicles Ltd, focusing on commercial vehicles.

Shareholders on record as of October 14, 2025, will receive one share of the newly formed TML Commercial Vehicles Ltd (TMLCV) for each Tata Motors share they currently hold. This 1:1 share swap ensures existing investors maintain their proportionate stake in both businesses. The face value of the shares will remain at Rs 2.

The existing Tata Motors Ltd will be renamed Tata Motors Passenger Vehicles Ltd, while the commercial vehicle arm will operate under the name TML Commercial Vehicles Ltd.

In addition to the share allocation, Tata Motors has set October 10, 2025, as the record date for identifying holders of specific non-convertible debentures (NCDs) slated for transfer to TML Commercial Vehicles Ltd.

While the precise listing date for TML Commercial Vehicles Ltd shares on the NSE and BSE is yet to be announced, the company expects to provide an update after the allotment of shares is completed.

According to Akshay Bhagwat, Senior Vice President of Derivatives Research at JM Financial Services, investors should pay close attention to the record date and plan their holdings accordingly. “Existing shareholders who hold Tata Motors shares in cash should continue to hold them to benefit from this corporate action,” Bhagwat advised, adding that the stock is likely to remain stable in the short term but holding both new entities could provide strategic value in the longer term.

The demerger marks a significant step for Tata Motors, aiming to streamline operations and unlock greater value for shareholders by allowing each business to pursue its unique growth strategies.

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