Tata Motors Demerger: Stock exchange NSE is scheduled to conduct a special pre-opening trade session for Tata Motors this month. The bourse's special session will last an hour. Tata Motors has demerged its commercial vehicle (CV) business into a separate entity.
With the demerger, which took effect on October 1, the Tata group auto giant's commercial vehicle (CV) and passenger vehicle (PV) units became two separate entities. These entities are set to be listed separately on the bourses. Currently, only Tata Motors is listed, with investors reacting to developments in both units using the same stock.
Tata Motors demerger record date
Investors holding Tata Motors shares on October 14 will qualify for one equity share of the CV unit for every share held in Tata Motors.
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