Tata Motors ADS is to be delisted from NYSE effective Monday

Tata Motors, one of India’s largest automobile manufacturers, announced on Friday that its American Depositary Shares (ADS) will be delisted from the New York Stock Exchange (NYSE) effective Monday. The decision to delist the shares was made due to low trading volume and the high cost of compliance with U.S. securities regulations.

The delisting will not affect the company's operations or its ability to raise capital, as ...

mining review

Continue reading your article with
A Skillings Mining Review
Subscription

Already a subscriber? Sign In