Cost of Acquisition (COA) Update for Tata Motors Demerger Scrips

As part of the Tata Motors demerger, two new scrips have been credited to your Demat account:

• Tata Motors Passenger Vehicles Ltd (TMPV)
• TML Commercial Vehicles Ltd (TMLCV)

The official Cost of Acquisition (COA) for these scrips is still pending from the company.

What you need to know:  

• Until the COA is released, you may see a different price reflected in your portfolio for these scrips

• As a result, your buy average may appear different

  • For the original Tata Motors shares, the old buy average will remain

  • For the new scrips, the closing price will be shown as the buy average and may change daily

• These values will be updated once the official COA is received

• This is a structural update as part of the corporate action

• Your total investment value and ownership remain unchanged

• There is no action required from your end at this stage

Note: If you have already sold the Tata Motors scrips after the demerger, the COA update will still apply retroactively. Your realised P&L will be adjusted once the official COA is released.

We will notify you as soon as the COA is received and your portfolio is updated accordingly.