Monday, March 4, 2024

Tata Motors to split into 2 listed companies

While the commercial vehicle business and its related investments will be housed in one entity, the passenger vehicle business (PV), electric vehicles, JLR and its related investments will form another entity "as there are limited synergies" between the two, the company said in a stock exchange filing on Monday.

from Auto-Industry-Economic Times https://ift.tt/PU542n7
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