TATA MOTORS LTD. - DVR ORDINARY
Company News
Date | Heading | Details |
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30-Sep-2023 | Tata Motors' arm to sell entire shareholding in Tata Motors (SA) (Pty) | <p style="text-align: justify;">Tata Motors' wholly owned subsidiary -- TML Holdings Pte (THPL) has entered into an agreement for sale of its entire shareholding of 60% in Tata Motors (SA) (Pty) to Tata Africa Holdings (SA) Proprietary on September 29, 2023. The sale will conclude by October 3, 2023 and Tata Motors (SA) (Pty) will cease to be a subsidiary of the Company from that date. </p><p style="text-align: justify;">Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.</p> |