Amid demerger of Tata Motors, Big move by Noel Tata, to infuse Rs 1200000000 in…

On July 30, Tata Motors announced the acquisition of Italian firm Iveco Group NV in a deal pegged at around 3.8 billion euros.

Tata Motors on Tuesday said it has invested an additional Rs 120 crore in Freight Commerce Solutions. It is a digital freight ecosystem. This is another round of investment by the automaker’s earlier infusion of Rs 150 crore in October 2023. It will take its total investment in the Mumbai-based company to Rs 270 crore, Tata Motors said in a statement.

“With this investment, we’re not just funding technology – we’re fundamentally reimagining logistics through artificial intelligence,” T V Swaminathan, Vice President & Head- Digital Business, Tata Motors Commercial Vehicles, said.

Tata Motors To Infuse Rs 120 cr In Freight Tiger

The company’s enhanced investment reaffirms Tata Motors’ commitment to not only powering India’s logistics infrastructure, but also shaping its digital future by enabling smarter, more connected, and customer-centric freight operations for businesses and consumers, he added.

Tata Motors’ demerger will take effect from October 1, 2025, splitting the company into separate commercial and passenger vehicle entities. The record date for shareholders is expected in mid-October 2025, subject to final approval from the Registrar of Companies (RoC).

Tata Motors Unit In Netherlands

In a separate regulatory filing, Tata Motors said its subsidiary has incorporated a unit in the Netherlands.

“We wish to inform you that TML CV Holdings Pte Limited, a wholly-owned subsidiary of the company, has incorporated a wholly-owned subsidiary in the name of TML CV Holdings B.V., in the Netherlands,” the Mumbai-based auto major said in a regulatory filing.

The new entity has been incorporated as a holding company with the primary objective of participating in managing and administering participations and interests in businesses, legal entities and companies, it added.

(With Inputs From PTI)