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Tata Motors Limited IPO listing ceremony at BSE in Mumbai, India - 12 Nov 2025 Girish Wagh, Managing Director (MD) and Chief Executive Officer (CEO), Tata Motors Limited commercial vehicles speaks during the Initial Public Offer (IPO) listing ceremony of Tata Motors Limited, the commercial vehicle business entity following the demerger at Bombay Stock Exchange (BSE) in Mumbai. Tata Motors split its business into two seperate listed companies where one will focus on its commercial vehicles business and other on passenger vehicles. For a shareholder holding one share of Tata Motors, they will receive one share of Tata Motors commercial vehicles following the demerger, if only the shares were bought on or before 13th October 2025. Mumbai India

Tata Motors Limited IPO listing ceremony at BSE in Mumbai, India - 12 Nov 2025 Girish Wagh, Managing Director (MD) and Chief Executive Officer (CEO), Tata Motors Limited commercial vehicles speaks during the Initial Public Offer (IPO) listing ceremony of Tata Motors Limited, the commercial vehicle business entity following the demerger at Bombay Stock Exchange (BSE) in Mumbai. Tata Motors split its business into two seperate listed companies where one will focus on its commercial vehicles business and other on passenger vehicles. For a shareholder holding one share of Tata Motors, they will receive one share of Tata Motors commercial vehicles following the demerger, if only the shares were bought on or before 13th October 2025. Mumbai India

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Credit: SOPA Images

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Recording Date: Nov 12, 2025

Media Size: 3,168×2,093 Pixels

Tata Motors Limited IPO listing ceremony at BSE in Mumbai, India - 12 Nov 2025 Girish Wagh, Managing Director (MD) and Chief Executive Officer (CEO), Tata Motors Limited commercial vehicles speaks during the Initial Public Offer (IPO) listing ceremony of Tata Motors Limited, the commercial vehicle business entity following the demerger at Bombay Stock Exchange (BSE) in Mumbai. Tata Motors split its business into two seperate listed companies where one will focus on its commercial vehicles business and other on passenger vehicles. For a shareholder holding one share of Tata Motors, they will receive one share of Tata Motors commercial vehicles following the demerger, if only the shares were bought on or before 13th October 2025. Mumbai India

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