Om Prakash Bhatt Ceases as Independent Director of Tata Motors Passenger Vehicles Ltd from March 8
Mumbai: Om Prakash Bhatt has ceased to serve as an Independent Director of Tata Motors Passenger Vehicles Limited with effect from March 8, 2026, following the completion of his second consecutive term on the company’s board.
The development was disclosed by the company in a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.
Completion of Second Term
According to the company’s statement, Bhatt stepped down after completing the maximum tenure permitted for an Independent Director and attaining the retirement age, as per the Governance Guidelines on Board Effectiveness adopted by the board of directors.
His cessation officially came into effect on March 8, 2026.
Regulatory Disclosure to Stock Exchanges
The company informed both major stock exchanges about the development, including:
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Bombay Stock Exchange (BSE)
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National Stock Exchange of India (NSE)
The disclosure was made in compliance with SEBI’s listing regulations and related master circulars governing corporate disclosures by listed companies.
Company Statement
In the official communication signed by Company Secretary and Chief Legal Officer Maloy Kumar Gupta, the company stated that the change is part of its corporate governance framework and follows the completion of Bhatt’s tenure as an Independent Director.
The company also noted that further details related to the update have been published on its official website.
About Tata Motors Passenger Vehicles Limited
Tata Motors Passenger Vehicles Limited, formerly known as Tata Motors Limited, is one of India’s leading automobile manufacturers and part of the Tata Group. The company produces a wide range of passenger vehicles and has been actively expanding its presence in the electric vehicle and mobility solutions segments.
Governance Compliance
The update reflects the company’s adherence to corporate governance norms and board effectiveness guidelines, ensuring regular board refreshment in accordance with regulatory requirements and best practices.
Such board changes are routinely disclosed to maintain transparency for investors and stakeholders.