Tata Motors Demerger: BIG update ahead of two-way split!

Tata Motors Demerger: BIG update ahead of two-way split!

Updated Jun 4, 2024 | 05:27 PM IST Tata Motors Demerger: Auto major Tata Motors informed that the authorised share capital of the subsidiary will be Rs 50,00,000 divided in to 25,00,000 equity shares of Rs 2 each. The size/turnover is, however, not Applicable since the company is yet to be incorporated. Tata Motors will …

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Tata Motors share price skyrockets 8% on demerger plan, crosses ₹1,000 for first time

Tata Motors share price skyrockets 8% on demerger plan, crosses ₹1,000 for first time

This notable uptick in share value followed investor enthusiasm spurred by the company’s strategic decision to demerge its commercial and passenger vehicle segments into two distinct listed entities. This move aims to enhance the company’s ability to capitalise on growth opportunities effectively. On Monday, the company approved a demerger proposal for Tata Motors, splitting it …

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