Tata Motors CV Lists On BSE | Chandrasekaran On 8-Year Journey To Demerger

At the landmark listing of Tata Motors Commercial Vehicles Ltd (TMCV) on the Bombay Stock Exchange, Tata Sons Chairman N. Chandrasekaran reflected on an 8-year transformation journey that began in 2017. He said the split was essential to make both the passenger and commercial vehicle arms financially strong and independently viable. Despite challenges, including the pandemic, the restructuring created two robust entities — Tata Motors Passenger Vehicles and Tata Motors Commercial Vehicles. MD & CEO Girish Wagh hailed the milestone as a new era of sharper governance and deeper accountability, noting that TMCV lists with seven million shareholders — one of India’s largest bases.