Deals25 Aug 2025, 08:20 pm
Tata Motors Receives NCLT Order Sanctioning Composite Scheme of Arrangement
AI Summary
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, Tata Motors Ltd. has received an order from the Hon'ble National Company Law Tribunal, Mumbai Bench, sanctioning the Composite Scheme of Arrangement amongst Tata Motors Limited, TML Commercial Vehicles Limited, and Tata Motors Passenger Vehicles Limited. The scheme also includes their respective shareholders under Sections 230-232 of the Companies Act, 2013. The order is awaiting a certified copy, which will be filed with the Registrar of Companies, Mumbai, Maharashtra, upon receipt, making the scheme effective.
Key Highlights
- Tata Motors Ltd. has received an order from the Hon'ble National Company Law Tribunal, Mumbai Bench, sanctioning the Composite Scheme of Arrangement
- The scheme involves Tata Motors Limited, TML Commercial Vehicles Limited, and Tata Motors Passenger Vehicles Limited and their respective shareholders
- The scheme is sanctioned under Sections 230-232 of the Companies Act, 2013
- A certified copy of the order is awaited
- The scheme will become effective upon filing the certified copy with the Registrar of Companies, Mumbai, Maharashtra