Sun, Jun 02, 2024
Tata Motors' CV business has been delivering strong operational and financial performance, he stated."Our focus will be to create a world-class company operating in the CV space, providing superior experience to our customers, better growth prospects for our employees, and enhanced value for our shareholders," Wagh said.
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Wed, Mar 06, 2024
This split is good news for shareholders. The expert added that the demerger proposal of sharing out the shares equally among shareholders, makes it simpler for the company to use cash without needing to value each one separately
Tue, Mar 05, 2024
Tata Motors' shares jump 4% to reach a 52-week high after announcing the split of its passenger and commercial vehicle businesses. Brokerages like JP Morgan and Nomura express optimism, while Investec and InCred provide differing views on the impact. The demerger, expected to take 12-15 months, aims to create two listed entities, maintaining identical shareholding for shareholders of Tata Motors Limited.
Tata Motors share price: Further, Hyundai and Mahindra & Mahindra (M&M) are also predicted to be in the race with Tata Motors' PV business.
Tata Motors Demerger, Tata Motors share price: Tata Motors announced on Monday, March 4, that its board has approved the proposal for the demerger of the company into two separate listed companies.
Mon, Mar 04, 2024
Tata Motors demerger: Moreover, the demerger will have no adverse impact on employees, customers, and our business partners, Tata Motors said.
Tata Motors business demerger: The demerger will be implemented through an NCLT scheme of arrangement, and all shareholders of TML shall continue to have identical shareholding in both of the listed entities.
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