TVS Supply Chain Solutions Limited — JV/Acquisition, 27-03-2025: Acquisition

TVS Supply Chain Solutions Limited has announced a board meeting to discuss an additional cash infusion of approximately INR 1866.99 Mn into its wholly owned subsidiary, TVS Supply Chain Solutions Pte Ltd in Singapore. This investment aims to enhance the working capital requirements of the subsidiary, which reported a turnover of INR 16,649.69 Mn for FY24, alongside operational capabilities in storage, warehousing, and freight transportation. The subsidiary will remain wholly owned post-transaction, aligning with TVS’s strategic focus on bolstering its operational efficiency and market presence in its core logistics sector.