TVS Motor Company Limited — JV/Acquisition, 26-03-2025: Acquisition

TVS Motor has completed the acquisition of an additional 8.26% stake in The Go Corporation, raising its ownership to 100%. The total consideration for this acquisition was CHF 500,000. This strategic move positions The Go Corporation as a wholly owned subsidiary, streamlining operations and enhancing TVS's market presence. The full control over GOAG is expected to facilitate better integration and operational synergies, which could benefit shareholders through increased efficiencies and potential market expansion.