Tata Motors – DVR

Agree… or it would have made proposed PV-CV split cumbersome as DVR would have to split into two DVRs of seperate entities

My limited point here was that… this swap scheme was just a means / a mechanism, likewise buyback was available as a means to achieve the same outcome for Tata Motors before its proposed PV-CV split

But they choose the liquidation SWAP route… and that in my view has worked against minority retail shareholders

And in hindsight now I think I should have been more cautious as Tata Sons have in past undermined retail investors of Tata listed companies to benefit itself – be it intercompany loans, intercompany sweetheart deals, intercompany cross share holdings etc.