Tata Motors Demerger: Indicative Share Price After Demerger
The record date for the commercial vehicles business demerger is October 15. Shareholders registered in the registrar will be eligible for shares of the demerged entity.
Tata Motors shares are in focus as October 13 is the last day for the company to trade as a consolidated entity.
- The existing listed entity will be renamed Tata Motors Passenger Vehicles Ltd.
- This entity will house the Passenger Cars and JLR Business.
The key question among shareholders is what could be the reduction in share price starting the next day.
A day after the record date, Tata Motors will ex-trade its Commercial Vehicles business.
Author's summary: Tata Motors demerger set to change share price.