Tata motors demerger: Tata Motors’ board approves demerging CV and PV businesses into two separate listed companies

The board of Tata Motors on Monday approved demerging the operations of the company’s business into two separate entities, i.e., commercial vehicles and passenger vehicle business, a move aimed at delivering higher growths. All shareholders of Tata Motors would continue to hold the same identical shareholding in both the listed entities. “The demerger is a … Read more