The company will be transformed into two listed firms with the commercial vehicles (CVS) business in one and passenger vehicles (PVS), including Jaguar Land Rover (JLR), in the other.
Shareholders will get one share in each entity for every one share they hold on the record date.
The demerger could eventually be positive and help unlock valuations. But it may not have an immediate impact on the valuations since the positives may already be factored into the share price. The PV entity will hold considerably higher revenue due to the fact that JLR, which contributes the largest chunk of consolidated revenues (around 65 per cent) is part of that vertical. In aggregate, PVs contribute about 79 per cent of the consolidated revenues and CVs have around 21 per cent share.
هذه القصة مأخوذة من طبعة March 06, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة March 06, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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