Tata Motors Demerger: TMLCV Shares Credited To Demat; Listing On NSE and BSE Expected Soon

Mumbai, October 17: Tata Motors Limited has completed its demerger into two new entities. The new shares of Tata Motors Commercial Vehicles Ltd (TMLCV) have been credited to the demat accounts of eligible shareholders. This marks the completion of the allotment process following the demerger from Tata Motors.

Investors received a communication from the depository yesterday evening about the credit of shares into their demat accounts. For every one share of Tata Motors held on the record date of October 14, 2025, investors have received one share of the new TMLCV entity. These new shares have a face value of ₹2 each and a unique identification number (ISIN) of INE1TAE01010. Currently, investors can see these shares in their demat accounts under the “Inactive Stocks” category. For now, these shares have a temporary value of ₹0.00. This value is a standard practice in cases of demergers until the shares are officially listed and begin trading.

Listing on NSE and BSE

After the credit of shares, the final step is the listing of TMLCV shares on NSE and BSE. The company has announced that it is planning to list the shares by November or early December this year. Eligible shareholders can now check their demat accounts for TMLCV shares and keep an eye on further announcements by Tata Motors for the listing of the shares.

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