Merger9 Sept 2026, 11:20 pm
Tata Motors files notice for Composite Scheme of Amalgamation
AI Summary
Tata Motors Ltd has filed an intimation regarding a Composite Scheme of Amalgamation involving itself, TMF Holdings Limited, and TMF Business Services Limited. This scheme, approved by the National Company Law Tribunal (NCLT), Mumbai Bench, will merge its wholly-owned subsidiaries, TMF Holdings Limited and TMF Business Services Limited, with Tata Motors. While meetings of shareholders and creditors have been dispensed with by the NCLT order, notices are being sent to them to seek any representations. The details of the scheme and notices are available on the company's website.
Key Highlights
- Tata Motors announces Composite Scheme of Amalgamation with subsidiaries.
- NCLT approval received for the merger of TMF Holdings and TMF Business Services.
- Shareholder and creditor meetings dispensed with by NCLT order.
- Notices sent to shareholders and creditors for representations.
- Scheme details available on the company's website.
Price Impact
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