Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) announced that its stake in TP Paarthav Limited (‘TPPL’) has reduced to 12.89%. This change follows the actual investment and composite scheme sanctioned on August 25, 2025, and September 10, 2025. As a result, TPPL ceased to be an Associate of Tata Motors, effective January 8, 2026.
Stake Adjustment in TP Paarthav Limited
Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) has completed adjustments to its stake in TP Paarthav Limited (‘TPPL’). An agreement was made on September 9, 2025, to allow Tata Power Renewable Energy Ltd. to acquire a 26% equity stake in TPPL, a Special Purpose Vehicle (SPV).
Key Details of the Transaction
Following the investment and scheme sanctioned on August 25, 2025, and September 10, 2025, Tata Motors Passenger Vehicles Limited’s stake in TPPL has been reduced to 12.89%. As of January 8, 2026, TPPL is no longer an Associate of Tata Motors.
Source: BSE