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In terms of SBO Rules, TSPL is exempted being a Core Investment Company and hence there is no SBO of the Company as on date.Pursuant to the order passed by the National Company Law Tribunal, Mumbai, sanctioning the scheme of arrangement between erstwhile Tata Motors Finance Limited (presently named as TMF Business Services Limited) and erstwhile Tata Motors Finance Solutions Limited (presently named as Tata Motors Finance Limited) and their respective shareholders (the Scheme), effective June 30, 2023, 11468 Equity Shares held by TMF Business Services Limited (formerly Tata Motors Finance Limited) have been transferred to Tata Motors Finance Limited (formerly Tata Motors Finance Solutions Limited) by December 18, 2023. 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