Tata Motors shares in focus after shareholders approve plan to split into two listed companies
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Shares of Tata Motors are likely to be in focus on Wednesday after the company announced that shareholders have approved its plan to split into two listed entities, separating its passenger vehicle (PV) and commercial vehicle (CV) businesses. The restructuring move, first announced in March 2024, aims to unlock value by allowing each business to pursue independent growth strategies. The PV unit includes the luxury Jaguar Land Rover (JLR) brand, while the CV arm focuses on trucks, buses, and other commercial offerings. According to an exchange filing on Tuesday, the demerger plan was approved by 99.9995% of shareholders, with each receiving equal stakes in the two new listed companies. Also Read: Defence stocks in focus as India strikes terror camps in Pakistan, PoK under ‘Operation Sindoor’ Earlier last week, Tata Motors reported a 6.1% year-on-year decline in total vehicle sales to 72,753 units in April 2025, down from 77,521 units in t...