Personal Finance News

4 min read | Updated on October 28, 2025, 10:20 IST
SUMMARY
Tata Motors demerger: 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’ 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.
Although the shares have been credited to your demat account, they cannot be traded until listing approval is granted by the stock exchanges.
Until this approval is received, your shares will remain frozen in your demat account.
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.
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.
TML Commercial Vehicles is expected to be listed approximately 45 days after the record date, likely sometime in November.
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.
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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