Tata Motors has entered into an agreement and acquired around 18% equity stake in Freight Commerce Solutions (Freight Tiger) through secondary purchase from existing shareholders for an aggregate consideration of around Rs 95.66 crore on May 15, 2026.
With this acquisition, the company’s connected vehicle platform, ‘Fleet Edge’ together with ‘Freight Tiger’ aspire to forge a comprehensive end-to-end digital ecosystem for the entire logistics value chain, covering both the truck and the trip ecosystem.
Following the completion of the acquisition, the company will hold upto 63.6% stake (Based on conversion price of instruments held by the company, the final shareholding can vary between around 60-63.6%) in Freight Tiger, on a fully diluted basis, which will subsequently operate as a subsidiary of the company.
Tata Motors (formerly TML Commercial Vehicles) is India’s largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. In every market, its focus is on delivering value and partnering customers to success.
| Company Name | CMP |
|---|---|
| Tata Motors | 401.30 |
| Ashok Leyland | 160.25 |
| Force Motors | 18460.00 |
| Olectra Greentech | 1274.40 |
| SML Mahindra | 3973.70 |
| View more.. | |
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