Tata Motors Commercial Vehicles listing a defining moment, says Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Wednesday termed the listing of Tata Motors Commercial Vehicles a “defining moment” in the company’s journey as well as for the automotive industry.

The listing of Tata Motors Commercial Vehicles business comes after the Tata Motors demerger was completed and the company was split into two independent listed entities.

At



the listing ceremony of Tata Motors Commercial Vehicles at BSE, Chandrasekaran said, “It is truly a momentous occasion, a very important milestone… a defining moment… for the combined Tata Motors’ journey, if I may say so, also for the automotive industry.”

The stock of Tata Motors’ commercial vehicles arm opened at Rs 335, up 28.48 per cent from its discovered price on the NSE.