Shareholders - Business Outrank

Tata Motors received complete shareholder backing to execute its plan of dividing the company into two independent listed entities. The Indian auto giant received support from 99.9995% of shareholders to split its passenger vehicle segment from its commercial vehicle operations including the premium Jaguar Land Rover (JLR). The company executes this major restructuring to enable better growth opportunities and operational concentration for its business segments. The separation of luxury passenger operations from commercial activities at Tata Motors will enable the company to achieve better strategic direction and improved capital allocation and increased shareholder value. The plan which Tata Motors announced in March 2024 will result in two independent listed companies. Shareholders will obtain equal shares in both entities which will maintain their ability to benefit from the performance of each business line. The passenger vehicle segment which encompasses electric cars and JLR will receive additional focused innovation and consumer-centric development. The commercial vehicle arm will direct its efforts toward expanding its leadership position in the transport and logistics industry.

What's Hot

Godrej Posts 81% Profit Surge to ₹322 Cr in Q1 on Higher Income

Tata Motors Shareholders Approve Bold Split into Two Listed Firms

Bank of Baroda (BoB) and Kotak Mahindra Bank Cut FD Rates From May

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Shareholders

Tata Motors Shareholders Approve Bold Split into Two Listed Firms

Godrej Posts 81% Profit Surge to ₹322 Cr in Q1 on Higher Income

Tata Motors Shareholders Approve Bold Split into Two Listed Firms

Bank of Baroda (BoB) and Kotak Mahindra Bank Cut FD Rates From May

Tata Motors Shares Slip Ahead of Crucial Demerger Vote

Our Picks

Godrej Posts 81% Profit Surge to ₹322 Cr in Q1 on Higher Income

Tata Motors Shareholders Approve Bold Split into Two Listed Firms

Bank of Baroda (BoB) and Kotak Mahindra Bank Cut FD Rates From May

Most Popular

Godrej Posts 81% Profit Surge to ₹322 Cr in Q1 on Higher Income

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: Shareholders