Tata Motors shares demerger: Monday, October 13 will mark an important trading day for the shareholders of the Tata Group's automobile entity- Tata Motors- as it will be the last day when it trades as a consolidated entity, comprising both passenger vehicle and commercial vehicle business. The stock will trade ex-date from tomorrow and Monday is the last day to buy the consolidated stock. Advertisement

From Tuesday, October 14, shares of Tata Motors shall be spun-off in two standalone entities- TML Commercial Vehicles (TMLCV) and Tata Motors Passenger Vehicles. Shareholders of Tata Motors will get shares of both the entities in 1:1 ratio. With this, the major overhang of demerger will also finally come into effect.

Tata Group-backed Tata Motors is preparing to spin-off its operations in

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