Tata Motors, ITC and more – 6 companies that announced demerger

CNBC TV18 By Priyanka Deshpande Published March 4, 2024

[{"selector":"#anim-3cce635d-4049-49cf-b65d-3dd0c90d9115 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(12.480491838231753%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Tata Motors Limited (TML) on March 4, announced the demerger of the company into two separate entities.

[{"selector":"#anim-8050e36f-c67b-40ce-814b-e91eedd957fe [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(65.92835515464677%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The company plans to demerge the commercial vehicle (CV) and passenger vehicle (PV) business into two listed entities. Take a look at other companies which recently demerged.

[{"selector":"#anim-5ec7c58e-b740-4609-b738-e372e596e9fd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Board approves demerger of the hotel business into ITC Hotels Limited on August 14, 2023. ITC

[{"selector":"#anim-d5e92709-e68a-4f9a-bb11-6b262cd1adfb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(25.951537957808117%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] On September 29, 2023 Vedanta announced the demerger of its diversified businesses into six separate listed companies. Vedanta

[{"selector":"#anim-a4ef8af2-df49-455f-a4fa-fb76778366aa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-10.171813737384086%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Reliance Industries (RIL) RIL in its September quarter earnings announced the demerger of Jio Financial Services for a ratio of 1 equity share of Jio Financial for 1 fully paid-up equity share held in RIL.

[{"selector":"#anim-28998662-182d-4e80-8e46-7810d06d39ed [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(9.377710395079%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Quess Corp on February 16 announced the demerger of its businesses into three independent entities. Quess Corp

[{"selector":"#anim-b3db40e5-6b0e-407d-a61d-1eab12e16eab [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] SCI demerged its non-shipping business into a separate entity – Shipping Corporation of India Land and Assets Ltd. (SCILAL) in the ratio 1:1. Shipping Corporation of India (SCI)

[{"selector":"#anim-c49eecc5-8a22-407a-8ddd-44d588ca4f1e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-42.694902816521385%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Siemens India declared demerger of its energy business. Siemens India

Tata Motors demerger: 6 things shareholders should know

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