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Tata Motors Ltd - Sale Of Subsidiary Of Tata Motors Limited - Disclosure In Terms Of Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015     Back
(28 Mar 2025)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please be informed that Jaguar Land Rover Limited UK (JLR) a wholly owned subsidiary of Tata Motors Limited ('the Company) has informed that JLR (the seller) and Tata Autocomp Systems Limited (Buyer/TACO) have entered into Share Purchase Agreement for inter alia sale of its 80% stake in Jaguar land Rover Ventures Limited (JLRV) a step down wholly owned subsidiary of the Company to TACO on March 28 2025. Pursuant thereto TACO has also acquired 80% stake in Artifex Interior Systems Limited (AISL) a wholly owned subsidiary of JLRV. Consequently both JLRV and AISL cease to be subsidiaries of the Company w.e.f March 28 2025.
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