05 August 2024
Tata Capital might not meet the September 2025 deadline to list its shares on stock exchanges. The company has asked for an extra year from the banking regulator to go public, citing the ongoing merger of Tata Motor Finance with the lender. The merger has been approved by the boards of Tata Motors, Tata Capital, and Tata Motors Finance in July. They have stated that the approval process will take around 9-12 months to complete. After the merger, Tata Capital will start the IPO process. There is a high possibility that Tata Capital will get an extension for the listing timeline due to the regulator's insistence on the merger.
Tata Capital might not meet the September 2025 deadline to list its shares on stock exchanges. The company has asked for an extra year from the banking regulator to go public, citing the ongoing merger of Tata Motor Finance with the lender. The merger has been approved by the boards of Tata Motors, Tata Capital, and Tata Motors Finance in July. They have stated that the approval process will take around 9-12 months to complete. After the merger, Tata Capital will start the IPO process. There is a high possibility that Tata Capital will get an extension for the listing timeline due to the regulator's insistence on the merger.
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