Tag Archives: Tata Motors Shareholders approve hiving off passenger vehicle business into new entity

Tata Motors Shareholders approve hiving off passenger vehicle business into new entity

Tata Motors Shareholders approve hiving off passenger vehicle business into new entity

The shareholders of Tata motors company voted to consider and approve the transfer of the passenger vehicles business unit to TML Business Analytics Services Ltd, as a going concern on a slump sale basis for a lump sum consideration. The company said that its passenger vehicles business has been valued at Rs 9,417 crores. In […]