Tata Motors is reconstituting its board as its passenger and commercial vehicle businesses demerge into two distinct listed entities, TMPV and TMCV, effective October 1. N Chandrasekaran will chair both, with Shailesh Chandra leading TMPV and Girish Wagh heading TMCV. The restructuring includes significant board changes, new appointments, and a financial transfer to TMCV.
Tata Motors is reconstituting its board as its passenger and commercial vehicle businesses demerge into two distinct listed entities, TMPV and TMCV, effective October 1. N Chandrasekaran will chair both, with Shailesh Chandra leading TMPV and Girish Wagh heading TMCV. The restructuring includes significant board changes, new appointments, and a financial transfer to TMCV.