Mumbai, Sept. 27 -- Tata Motors has officially announced through a stock exchange filing that its demerger will take effect from October 1, 2025, creating two separate listed companies to run its commercial vehicle (CV) and passenger vehicle (PV) operations.
According to the stock exchange filing, Girish Wagh will lead Tata Motors' commercial vehicle entity, while Shailesh Chandra will head the passenger vehicle (PV) unit.
The demerger proposal received overwhelming shareholder approval in May 2025, with 99.9995 percent of votes in its favor.
Both companies will be listed separately on stock exchanges by the third quarter of the current financial year.
Speaking about the development, Tata Sons Chairman N. Chandrasekaran stated, "The dem...