
Tata Motors has officially completed the demerger of its core business segments, resulting in the creation of two distinct companies, Tata Motors Passenger Vehicles Ltd (TMPV) and Tata Motors Commercial Vehicles Ltd (TMLCV). The long-awaited restructuring took effect on October 1, 2025, with the record date for the demerger set as October 14, 2025.
As per the approved scheme, shareholders of Tata Motors received shares of Tata Motors Commercial Vehicles Ltd (TMLCV) in a 1:1 ratio, meaning one TMLCV share was allotted for every Tata Motors share held.
Following the allotment, the new TMLCV shares have been credited to the eligible shareholders’ demat accounts. However, investors have reported being unable to view or trade these shares on their respective trading platforms.
Although TMLCV shares have been credited, they currently remain frozen in demat accounts pending listing and trading approvals from the stock exchanges. This is a standard post-demerger procedure.
Until the BSE and NSE grant the necessary regulatory clearances, the shares will be visible in investor accounts but cannot be traded. Once these approvals are secured, the shares will become active for trading, and investors will receive official notifications from their brokers or the exchanges.
The listing process typically takes 45 to 60 days from the date of submitting the listing application. Based on this timeline, TMLCV shares are expected to be listed and tradable by late November 2025, subject to regulatory approvals.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 24, 2025, 1:05 PM IST

Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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