Tata Motors sets key dates for demerger and NCD transfer
Tata Motors Limited (TML) has confirmed its Composite Scheme of Arrangement is now effective, following the filing of certified orders with the Registrar of Companies, Mumbai, on October 1, 2025. Under the scheme, Tata Motors Passenger Vehicles Limited (TMPV) will amalgamate with TML, and TML Commercial Vehicles Limited (TMLCV) will demerge.
For shareholders, Tuesday, October 14, 2025, is the Record Date to determine eligibility for receiving one TMLCV share for every one TML share held. The equity shares of TMLCV are slated for listing on both BSE Limited and the National Stock Exchange of India Limited, pending regulatory approvals.
Additionally, Friday, October 10, 2025, is the Record Date for identifying eligible debenture holders whose Non-Convertible Debentures (NCDs) will transfer from TML to TMLCV. A total of INR 2,300 crore in NCDs, including various tranches of INE155A08423, INE155A08407, INE155A08415, INE155A08449, and INE155A08464, will be transferred.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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