Tata Motors Demerger: CV shares credited to Demat account; listing timeline, fair value

Tata Motors Demerger CV Share Credited: Tata Motors has allotted the shares of demerged company or the resulting company after the demerger -- its commercial vehicle business. The name of the new company which has taken shape after Tata Motors demerger is Tata Motors Commercial Vehicles Ltd ( TMLCV ). Depositories have informed shareholders via email that the shares of the resulting company have been credit to demat accounts of all the eligible shareholders, subject to their eligibility on the demerger record date. The shares of Tata Motors Commercial Vehicle were credited on October 16 evening, according to an email received by of shareholders of Tata Motors. Tata Motors Commercial Vehicles Ltd scrip ISIN is INE1TAE01010 An email sent by CDSL read: "Dear Mr/Ms XXXXX, Followi