Tata Motors Passenger Vehicles Ltd.

Tata Motors has divested its entire stake in Sheba Properties (a wholly owned subsidiary) for Rs 405.37 crore, to its subsidiary, Tata Motors Finance. The share purchase agreement was executed on March 31, 2016.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.