Tata Motors Commercial Vehicle (TMCV) arm will list on the exchanges on November 12.
The demerger took effect on October 1, with a 1:1 share entitlement ratio, meaning investors received one share in the CV business for every Tata Motors share held as of the record date, October 14.
Under the approved scheme of arrangement, the CV business retains the Tata Motors name, while the newly formed Tata Motors Passenger Vehicles Ltd (TMPV) will house the domestic car, EV, and JLR divisions.