Tata Motors Passenger Vehicles settles in pre-open session

On October 14, Tata Motors’ shares were re-discovered at Rs 400 per share on the NSE following a special pre-open session, reflecting a 39.5% drop (Rs 260.75) from the previous closing price. This price adjustment accounts for the demerger of the company’s commercial vehicle division. Earlier this month, Tata Motors had announced October 14 as the record date to determine shareholder eligibility for receiving shares in the newly demerged commercial vehicle entity.

As part of the scheme, existing Tata Motors shareholders will receive one share of the demerged company, TML Commercial Vehicles Ltd (TMLCV), for each Tata Motors share they hold. TMLCV shares are expected to be listed and start trading on both NSE and BSE in November. The demerger officially took effect on October 1, and the share price adjustment was made on October 14.

In terms of stock performance, Tata Motors has declined nearly 7% in the past month and over 11% in 2025 to date. However, despite recent declines, the stock has delivered a robust 420% gain over the past five years.