Tata Motors Demerger
Investors holding Tata Motors shares as of the record date will receive one share of TML Commercial Vehicles Limited (TMLCV) for every one share of Tata Motors they currently own.
Both shares will have a face value of Rs 2 each. For example, if an investor holds 100 shares of Tata Motors, they will be allotted 100 shares of TMLCV.
This marks an important transition for shareholders, as they will soon hold shares in two separate listed companies instead of one.
Investors will receive one share of TMLCV for every one share of Tata Motors they own.
Author's summary: Tata Motors demerger affects shareholder holdings.
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