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Tata Motors LimitedBoard Meeting, 26-09-2025: Outcome of Board Meeting

26-09-2025 | 07:40 pm

Tata Motors' board approved its CV business demerger, effective Oct 1. Shareholders get 1 TMLCV share for every 1 TML share, with ₹2,300 Cr NCDs transferring to TMLCV. Shailesh Chandra is the new MD & CEO from Oct 1, and Dhiman Gupta the new CFO from Nov 17. The board also saw Independent Director changes.

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