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  1. Why are Tata Motors Commercial Vehicle shares not visible in my trading app after allotment?

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Why are Tata Motors Commercial Vehicle shares not visible in my trading app after allotment?

sangeeta-ojha.webp

3 min read | Updated on October 24, 2025, 10:27 IST

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SUMMARY

If your TMLCV shares are not visible or you wish to verify the credit status, you can confirm directly with your Depository Participant (DP).

Tata Motors commercial vehicle trading account

Tata Motors’ Passenger Vehicle share price was determined during the special pre-open session held on October 14. Image: Shutterstock

Tata Motors demerger: Tata Motors shareholders are noticing that the TML Commercial Vehicles Limited (TMLCV) shares are not visible on their trading apps, despite being credited to their demat accounts. Here is why.

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  1. Although the shares have been credited to your demat account, they cannot be traded until listing approval is granted by the stock exchanges.

  2. TMLCV is in the process of getting listed on both BSE and NSE, which typically takes 45-60 days from the submission of the listing application.
  3. Until this approval is received, your shares will remain frozen in your demat account.

  4. The shares are temporarily restricted from trading to ensure that they are listed properly. As a result, you won’t be able to see or trade these shares in your app until the official listing permission is granted by the exchanges.

TMLCV confirmed this in an email to shareholders, stating:

“The Company is currently in the process of listing its equity shares on the Stock Exchanges, specifically (i) BSE Limited and (ii) National Stock Exchange of India Limited, in accordance with SEBI regulations, circulars, and other applicable provisions. The equity shares allotted to you and credited to your demat account will remain frozen.”

Once BSE and NSE grant listing and trading permissions, your TMLCV shares will appear in your trading app, and you will be able to trade them. The company will notify shareholders once trading becomes active.

Tata Motors Demerger

TML Commercial Vehicles Limited (TMLCV) has successfully allotted 3,68,23,31,373 fully paid-up equity shares to eligible shareholders of Tata Motors Passenger Vehicles Limited (TMPVL) in line with the recently approved Scheme of Arrangement. This comes after the National Company Law Tribunal (NCLT), Mumbai Bench, sanctioned the scheme, making the effective date October 1, 2025.

Tata Motors’ Passenger Vehicle share price was determined during the special pre-open session held from 9:00 a.m. to 10:00 a.m. on October 14, the record date for the Tata Motors demerger. The share was valued at approximately ₹400 per share.
As per the Tata Motors demerger ratio of 1:1, shareholders received one share of TMLCV for every one share held in Tata Motors. Depositories confirmed that the shares were credited to shareholders’ demat accounts on October 16, 2025.

What should Tata Motors shareholders do?

If your TMLCV shares are not visible or you wish to verify the credit status, you can confirm directly with your Depository Participant (DP).

You can also register for CDSL’s EASI (Electronic Access to Securities Information) facility to easily check your demat account details.

Steps for CDSL EASI Registration
  • Click the following link to access the login page: [https://web.cdslindia.com/myeasitoken/Home/Login]
  • On the homepage, click on “CDSL”.

  • Then, select “To Register for Easi! Click Here” to begin creating your login credentials.

  • Enter your 16-digit Demat Account Number.

  • Create a password Verification

  • Check the box for “I am not a robot.”

  • Then clicking "Register" confirms & continue

  • Further, do as per instructions.

  • Once registration is complete, you will receive a confirmation notification from CDSL.

Electronic Access to Securities Information (EASI) is a user-friendly internet service that lets investors view their demat account details anytime, anywhere via CDSL’s website.

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Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.
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About The Author

sangeeta-ojha.webp
Sangeeta Ojha is a business and finance journalist with vast experience across leading media platforms, including Mint and India Today. Passionate about personal finance, she has built a reputation for covering a wide range of PF topics—from income tax and mutual funds to insurance, savings, and investing.

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