Om Prakash Bhatt Steps Down as Independent Director of Tata Motors Passenger Vehicles Limited

1 min read     Updated on 08 Mar 2026, 11:31 AM
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Overview

Mr Om Prakash Bhatt has stepped down as Independent Director of Tata Motors Passenger Vehicles Limited effective March 8, 2026, after completing his second consecutive term upon reaching retirement age. The cessation follows the company's Governance Guidelines on Board Effectiveness, with proper regulatory disclosures made to BSE and NSE under SEBI Listing Regulations.

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Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) has announced the cessation of Mr Om Prakash Bhatt as Independent Director, effective March 8, 2026. The departure marks the end of his tenure after completing his second consecutive term upon reaching the retirement age as per company governance guidelines.

Regulatory Compliance and Disclosure

The company has informed both BSE Limited and the National Stock Exchange of India Limited about this board change in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Maloy Kumar Gupta, Company Secretary & Chief Legal Officer, and submitted to the exchanges on March 8, 2026.

Director Details and Cessation Particulars

Particulars: Details
Director Name: Mr Om Prakash Bhatt
DIN: 00548091
Cessation Date: March 8, 2026
Reason: Completion of second consecutive term upon attaining retirement age
Governance Framework: Board Effectiveness Guidelines

Regulatory Framework

The disclosure follows the requirements under SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company has provided comprehensive details in Annexure A, covering all mandatory particulars required under the SEBI Listing Regulations for director cessation notifications.

Company Information

Tata Motors Passenger Vehicles Limited, formerly known as Tata Motors Limited, operates from Bombay House, Fort Mumbai. The company maintains its investor relations and corporate information on its website at www.cars.tatamotors.com . The cessation information has been made available to both exchange members and the general public through appropriate disclosure channels.

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Tata Motors Passenger Vehicles Reports 35% YoY Growth with 63,331 Units Sold in February 2026

1 min read     Updated on 01 Mar 2026, 01:01 PM
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Reviewed by
Shriram SScanX News Team
Overview

Tata Motors Passenger Vehicles Limited achieved strong sales growth in February 2026 with 63,331 units sold, up 35% from 46,811 units in February 2025. Domestic PV sales reached 62,329 units (34% growth) while international business surged 167% to 1,002 units. Electric vehicle sales demonstrated robust performance with 8,385 units sold, marking 57% year-on-year growth and reinforcing the company's leadership in India's electric mobility transition.

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Tata Motors Passenger Vehicles Limited reported robust sales performance for February 2026, achieving total sales of 63,331 units compared to 46,811 units in February 2025. This represents a significant 35% year-on-year growth, demonstrating the company's strong market position and growing consumer demand across its vehicle portfolio.

Sales Performance Breakdown

The company's sales performance showed strength across multiple segments during February 2026:

Business Segment Feb 2026 Feb 2025 Growth
PV Domestic 62,329 46,435 34%
PV International Business 1,002 376 167%
PV Total (includes EV) 63,331 46,811 35%
EV (Domestic + International) 8,385 5,343 57%

The domestic passenger vehicle segment contributed the majority of sales with 62,329 units, marking a solid 34% increase from 46,435 units in February 2025. The international business segment demonstrated exceptional growth, with sales reaching 1,002 units compared to 376 units in the previous year, representing a remarkable 167% increase.

Electric Vehicle Performance

The electric vehicle segment showed particularly strong momentum, with combined domestic and international EV sales reaching 8,385 units in February 2026. This represents a 57% growth from 5,343 units sold in February 2025, highlighting the company's successful positioning in India's expanding electric vehicle market. The EV sales figures include sales from Tata Passenger Electric Mobility Limited, a subsidiary of Tata Motors Passenger Vehicles Limited.

Company Background

Tata Motors Passenger Vehicles Limited, part of the USD 180 billion Tata Group, operates as one of India's leading automobile manufacturers. The company offers a diverse portfolio of cars and SUVs known for their design, safety, and performance features. Following a Composite Scheme of Arrangement sanctioned by the National Company Law Tribunal Mumbai Bench, the company changed its name from Tata Motors Limited to Tata Motors Passenger Vehicles Limited effective October 13, 2025.

Market Position and Innovation

The company continues to focus on delivering multi-powertrain options, advanced connected technologies, and intelligent personal mobility solutions. Tata Motors Passenger Vehicles Limited maintains its position at the forefront of India's electric vehicle revolution, contributing to the nation's transition toward sustainable mobility through zero emission, connected, and future-ready mobility solutions supported by robust design and research capabilities.

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