Tata Motors Final Dividend 2025 Record Date: Only 2 Days For Ex-Date, Check Payment Date
If approved at the AGM, the dividend will be paid to eligible shareholders on or before June 24, 2025.
Tata Motors Dividend History
Tata Motors Limited has previously declared several dividends. They announced a special dividend of Rs 3 per equity share with an ex-date of June 11,2024.
Prior to that, they declared a final dividend of Rs 3 per equity share for FY24 and a dividend of Rs 2 for FY24.
Tata Motors Demerger
Shareholders of Tata Motors Limited approved the demerger plan, separating the company into two listed entities: commercial vehicles and passenger vehicles. The resolution for the Composite Scheme of Arrangement was passed with the required majority, with 2,730,875,858 votes cast. Of these, 2,730,862,142 votes (99.9995%) were in favor, and 13,716 votes (0.0005%) were against. The share entitlement ratio will be 1:1, meaning shareholders will receive one share of TMLCV worth Rs 2 per share for every share of TML they hold.
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Time of India
an hour ago
- Time of India
With Harrier EV, Tata Motors pushes to sustain EV leadership
Mumbai/ New Delhi: Despite the low penetration of electric vehicles in India's passenger car segment at present, the segment is poised for growth this year. Capitalising on this opportunity, Tata Motors on Tuesday launched its third EV, the Harrier SUV, built on its dedicated pure EV architecture-- ETAuto has learnt that the automaker has set an internal annual sales target of 50,000 units for the Harrier EV. Tata Motors initially introduced the Nexon, Tiago, and Tigor EVs on its first-generation architecture, which was adapted from internal combustion engine (ICE) platforms. However, the company has since shifted to a Gen-2 or pure EV architecture, which claims to offer greater flexibility in drive configurations, battery formats, and chemistries. The Punch EV was the first model launched on this dedicated EV platform, followed by the Curvv. Launched at an introductory price of ₹21.49 lakh (ex-showroom), the Harrier EV features a Quick-Wheel Drive (QWD) dual-motor setup enabling all-wheel drive and delivering a peak torque of 504 Nm. The front motor produces 158 PS, while the rear generates 238 PS, allowing the SUV to accelerate from 0–100 km/h in 6.3 seconds. It supports fast charging, offering 250 km of range in just 15 minutes. The motors are supplied by Tier-1 majors Schaeffler and Tata AutoComp. The vehicle comes equipped with six terrain modes and off-road assist, and introduces Tata Motors' advanced SDV architecture, which runs on 500 million lines of code. Safety is prioritised with over 20 Level 2 ADAS features, including Adaptive Cruise Control, Lane Keep Assist, and Autonomous Emergency Braking, alongside seven airbags, all-wheel disc brakes, ESP with i-VBAC, hill descent control, and tyre pressure monitoring. In conversation with ETAuto, Anand Kulkarni, Chief Products Officer, Head of HV Programs and Customer Service, Tata Passenger Electric Mobility said the Harrier EV based on evolving consumer trends like YOLO (You Only Live Once) and FOMO (Fear of Missing Out), reflecting a desire to try new experiences. The vehicle is positioned as a 'third space' beyond home and work, where users can recharge and reconnect. With the launch of this model, Tata Motors is seeking to regain its lost market share, as it faces stiff competition in the EV space from its rivals, particularly JSW MG Motor and Mahindra & Mahindra. Although it still remains a market leader in the segment, the auto giant has seen its share decline from around 71 per cent in FY24 to 54 per cent in FY25. EV penetration in the segment currently stands at around 2.5 per cent. Innovations in battery tech The automaker remains cautious about exploring alternative battery chemistries like sodium-ion technology. Kulkarni noted that while sodium-ion batteries are promising due to safer, more abundant materials, initial interest was driven by high lithium costs. With lithium prices stabilising, the urgency around sodium-ion has lessened. From a global standpoint, he sees fully sodium-ion-powered vehicles unlikely to hit the market for at least a few more years. Cost remains a critical factor, and shifting economics often reshape the direction of such conversations. Nevertheless, he emphasised the importance of continued investment in technical innovation, particularly as energy density–one of sodium-ion's main limitations– continues to improve with ongoing R&D efforts. Addressing the concept of Battery-as-a-Service (BaaS), Kulkarni noted that while it remains a viable option if there is sufficient demand, the prevailing sentiment among Indian consumers leans toward battery ownership. 'Indian customers typically prefer to own the battery,' he said. Although a lower upfront price through BaaS might appeal to a niche segment, he emphasised that it is not the dominant expectation in the market. 'Price difference may attract some customers, but overall, ownership remains the preferred model.' EV trajectory Kulkarni noted that there has been a clear reduction in range anxiety and increasing acceptance of EVs among the customers in India. He highlighted that Tata Motors EVs have collectively covered 8 billion kilometers across over 200,000 vehicles. While daily drives once averaged 40–45 km in short trips, usage has evolved to 75–80 km per trip, with EVs now used more frequently than comparable ICE vehicles. He also revealed that the company is also working on the new Avinya platform. However, he did not share any specific details. Reflecting on the evolving competitiveness of the Indian EV industry, he noted that the landscape has changed significantly over the past five years. 'Back then, my answer would have been very different. But today, as a country, we've developed real expertise.' A key enabler has been the push for deep localisation, which has helped build critical competencies and a robust supply ecosystem. He also highlighted a defining characteristic of the Indian market– its high sensitivity to cost. 'This has driven local engineers to innovate and engineer world-class products that meet demanding cost targets, even at low volumes,' he said. As a result, India is now capable of producing highly credible, competitive EV solutions tailored to its unique needs. 'While the future remains uncertain, I am confident that we will not be left behind,' he said.
Mint
an hour ago
- Mint
Tata Motors plans a premium push as competition intensifies in EV space
Tata Motors Ltd, the country's first carmaker to enter the electric vehicles space with the launch of Tigor back in 2018, aims to bolster its presence in the premium EV segment while ensuring products across a full spectrum of price points amid intensifying competition. India's third-largest automaker by the number of cars sold launched the EV variant of its Harrier sports utility vehicle (SUV) on Tuesday at an ex-showroom price of ₹21.49 lakh. The launch of the new electric vehicle comes at a time when Tata Motors' lead in the electric vehicles segment is being aggressively challenged by MG Motor India, Mahindra & Mahindra (M&M) and Hyundai. Its market share in the EV space slumped to 55.4% in FY25, from 73.1% in FY24 and 84% in FY23. As many as 117,000 EV cars were sold in India in FY25. However, Shailesh Chandra, managing director at Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, noted that the company's key strength is its strategy to have a presence in each price point. Also Read: How Tata Motors plans to win back the market with its hatchbacks 'The right way to look at the market is to divide it into three segments based on pricing. Through our launches this year, we will have 2 cars each in the entry segment, mid segment and the high segment," Chandra told Mint in an interview. 'After Harrier and Sierra launches this year, we will go even further in the premium segment with more launches in upcoming years." Focus on volumes Sales of higher-priced cars result in an increase in the average selling price, which allows a company to have more revenue even if the volume declines. Mahindra & Mahindra had stated earlier that it is looking to dominate the market through leadership in revenue market share. During the January to March quarter, M&M garnered a 33.1% revenue share. However, Chandra says Tata Motors will not shift its focus to revenue market share and instead look to dominate volumes. 'While selling more luxury vehicles can help get more revenue share, whether you are a popular brand among the customers of the country is decided by the share in volumes," Chandra highlighted. But the car market has not given automakers many reasons to cheer in the last one year. During the last financial year, the growth in the passenger vehicle market was just 2%. Tata Motors sales in the year was at 556,263 units, 3% lower than in FY24. 'You have to try and excite a tepid car market through new launches," Chandra said. Market share, service challenges During April and May 2025, Tata Motors' share in the EV market fell to 38% with 9,043 units sold. Since late last year, it has faced pressure from Windsor EV of JSW MG Motor India, Creta EV of Hyundai Motor India and Mahindra electric SUVs BE 6 and XEV 9e. Shares of Tata Motors fell 1% on Tuesday to close at ₹704.30 apiece on the National Stock Exchange. The stock has fallen 5.5% during 2025 as against a 0.86% rise in Nifty Auto index. Also Read: Trump's tariffs push Indian exporters to redraw game plans While Tata Motors is trying to address the challenge by introducing new models in each price range, it is also addressing customers' complaints about the company's servicing capabilities. During a meeting with analysts in March, the management acknowledged that there was an issue with service capabilities. 'Management indicated that while most of its products are well positioned, there is a need to enhance the service capabilities of its outlets," analysts at Motilal Oswal Financial Services wrote in a 11 March note. 'Given the rise in its market share without a corresponding increase in servicing throughput, customers are now facing challenges in receiving timely service." Chandra also noted that the company's focus in the last one year has been on improving servicing capabilities. 'Our growth in the last few years in a few cities was more than anticipated, which led to some hotspots emerging where our service capabilities lagged. We have focused on increasing servicing bays at our service centers, adding more than 1,300 bays over the last one year," he said. EV offerings, premiumization plans In 2025, Tata Motors has been trying to increase the premium experience of its cars with refreshed launches of its hatchbacks Tiago and Altroz. To get growth back in the passenger vehicle market, it is expanding offerings in the electric vehicle space and premiumising its cheaper hatchback cars in the sub- ₹10 lakh range to attract more customers. Also Read: Fronx, Jimny drive Maruti's export boom to Japan amid home market slowdown "Refresh launches of Altroz and Tiago (launched in Q4) will help Tata Motors regain lost market share in hatches, while the launch of Sierra ICE and EV and Harrier EV may strengthen Utility Vehicle share," Jay Kale of Elara Capital wrote in a 14 May note.
Time of India
5 hours ago
- Time of India
With Harrier EV, Tata Motors pushes to reclaim EV ground
Mumbai/ New Delhi: Despite the low penetration of electric vehicles in India's passenger vehicle segment at present, the category is poised for growth this year. Capitalising on this opportunity, Tata Motors on Tuesday launched its third EV, the Harrier SUV, built on its dedicated pure EV architecture-- Tata Motors initially introduced the Nexon, Tiago, and Tigor EVs on its first-generation (Gen-1) architecture, which was adapted from internal combustion engine (ICE) platforms. However, the company has since shifted to a Gen-2 or pure EV architecture, which claims to offer greater flexibility in drive configurations, battery formats, and chemistries. The Punch EV was the first model launched on this dedicated EV platform, followed by the Curvv. The EV market today is focused on delivering greater value for money rather than simply achieving price parity with ICE vehicles, Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, stated. Launched at an introductory price of ₹21.49 lakh (ex-showroom), the Harrier EV features a Quad-Wheel Drive (QWD) dual-motor setup enabling all-wheel drive and delivering a peak torque of 504 Nm. The front motor produces 158 PS, while the rear generates 238 PS, allowing the SUV to accelerate from 0–100 km/h in 6.3 seconds. The motor is supplied by Tier- 1 majors Schaeffler and Tata AutoComp. The vehicle comes equipped with six terrain modes and off-road assist, and introduces Tata Motors' advanced SDV architecture, which runs on 500 million lines of code. It supports fast charging, offering 250 km of range in just 15 minutes. Safety is prioritised with over 20 Level 2 ADAS features, including Adaptive Cruise Control, Lane Keep Assist, and Autonomous Emergency Braking, alongside seven airbags, all-wheel disc brakes, ESP with i-VBAC, hill descent control, and tyre pressure monitoring. In conversation with ETAuto, Anand Kulkarni, Chief Products Officer, Head of HV Programs and Customer Service at Tata Passenger Electric Mobility said the Harrier EV is based on evolving consumer trends like YOLO (You Only Live Once) and FOMO (Fear of Missing Out), reflecting a desire to try new experiences. The vehicle is positioned as a 'third space' beyond home and work, where users can recharge and reconnect. With the launch of this model, Tata Motors is seeking to regain its lost market share, as it faces stiff competition in the EV space from its rivals, particularly JSW MG Motor and Mahindra & Mahindra. Although it still remains a market leader in the segment, the auto giant has seen its share decline from around 71 per cent in FY24 to 54 per cent in FY25. EV penetration in the segment currently stands at around 2.5 per cent. Innovations in battery techTata Motors remains cautious about exploring alternative battery chemistries like sodium-ion technology. Kulkarni noted that while sodium-ion batteries are promising due to safer, more abundant materials, initial interest was driven by high lithium costs. With lithium prices stabilising, the urgency around sodium-ion has lessened. From a global standpoint, he sees fully sodium-ion-powered vehicles unlikely to hit the market for at least a few more years. Cost remains a critical factor, and shifting economics often reshape the direction of such conversations. Nevertheless, he emphasised the importance of continued investment in technical innovation, particularly as energy density which is one of sodium-ion's main limitations, continues to improve with ongoing R&D efforts. Addressing the concept of Battery-as-a-Service (BaaS), Kulkarni noted that while it remains a viable option if there is sufficient demand, the prevailing sentiment among Indian consumers leans toward battery ownership. 'Indian customers typically prefer to own the battery,' he said. Although a lower upfront price through BaaS might appeal to a niche segment, he emphasised that it is not the dominant expectation in the market. 'Price difference may attract some customers, but overall, ownership remains the preferred model.' EV trajectoryKulkarni noted that there has been a clear reduction in range anxiety and increasing acceptance of EVs among the customers in India. He highlighted that Tata Motors EVs have collectively covered 8 billion kilometers across over 200,000 vehicles. While daily drives once averaged 40–45 km in short trips, usage has evolved to 75–80 km per trip, with EVs now used more frequently than comparable ICE vehicles. Reflecting on the evolving competitiveness of the Indian EV industry, he noted that the landscape has changed significantly over the past five years. 'Back then, my answer would have been very different. But today, as a country, we've developed real expertise.' A key enabler has been the push for deep localisation, which has helped build critical competencies and a robust supply ecosystem. He also highlighted a defining characteristic of the Indian market– its high sensitivity to cost. 'This has driven local engineers to innovate and engineer world-class products that meet demanding cost targets, even at low volumes,' he said. As a result, India is now capable of producing highly credible, competitive EV solutions tailored to its unique needs. 'While the future remains uncertain, I am confident that we will not be left behind,' he said.
