Tata Motors Subsidiary Acquires 26% Stake in Traveltime E-Mobility

Tata Motors Limited, through its wholly owned subsidiary TML Smart City Mobility Solutions Limited (TSCMSL), has acquired a 26% stake in Traveltime E-Mobility Chennai Private Limited (TECPL).  

This strategic investment aims to bolster Tata Motors' involvement in the e-mobility sector. 

Details of the Acquisition 

On January 8, 2026, Tata Motors announced that TSCMSL invested ₹3,51,350 in TECPL. This acquisition grants TSCMSL a 26% stake in the company, making TECPL an associate of Tata Motors.  

The investment aligns with Tata Motors' strategy to expand its footprint in the electric mobility sector. TECPL, incorporated on December 23, 2025, under the Companies Act, 2013, is authorised to issue 50,00,000 equity shares of ₹10 each.  

The acquisition does not fall under related party transactions, but TECPL will become a related party post-acquisition. 

Industry and Strategic Impact 

TECPL operates within the service sector, focusing on the operation and maintenance of electric buses. This acquisition allows Tata Motors to participate in tenders issued by municipal corporations for electric bus operations.  

TECPL's recent success in winning a tender under the Municipal Corporation of Chennai complements Tata Motors' business objectives. 

Read More: Tata Motors PV Share Price Falls 4% as JLR Q3 Sales Hit by Cyber Incident and US Tariffs! 

Financial and Transaction Details 

The acquisition was completed with a cash consideration of ₹3,51,350, corresponding to 35,135 equity shares at ₹10 per share.  

No governmental or regulatory approvals were required for this transaction, which is expected to be finalised by January 31, 2026. 

Tata Motors Commercial Vehicle Share Price Performance 

As of January 09, 2026, at 9:23 AM, Tata Motors Commercial Vehicle share price on NSE was trading at ₹433.05 down by 0.49% from the previous closing price. 

Conclusion 

Tata Motors' acquisition of a 26% stake in Traveltime E-Mobility signifies its commitment to advancing in the e-mobility sector. This strategic move enhances its capabilities in electric bus operations, aligning with its broader business goals. 

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