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Tata Motors to list on Tokyo Stock Exchange: Report
April 02, 2008 16:00 IST
Tata Motors, which made history with the acquisition of British marquees Jaguar and Land Rover last week, plans to list its shares on the Tokyo Stock Exchange, a Japanese media report said.
According to Japanese daily, The Nikkei, the firm is finalising plans to list the shares as depository receipts on the bourse in Japan.
"India's Tata Motors Ltd is finalising plans to list its depository receipt on the Tokyo Stock Exchange as early as the summer," the daily said in an article published in its online edition.
Last week, Tata Motors had entered into an agreement with the US car maker Ford for the 2.3-billion-dollar takeover of British luxury brands -- Jaguar and Land Rover.
Tata Motors' American depository receipts (ADRs) are listed on the New York Stock Exchange.