TVS Holdings Limited — JV/Acquisition, 27-06-2025: Acquisition

TVS Holdings has announced a board meeting on its additional investment of ₹121.57 Cr in its subsidiary, Home Credit India Finance Private Limited (HCIFPL). This infusion involved subscribing to 9.46 crore equity shares at ₹12.85 each, keeping TVS Holdings’ stake steady at 81.04%. HCIFPL, a leading player in unsecured consumer finance, posted a turnover of ₹2,096.54 Cr in FY25 but incurred a loss of ₹530 Cr. The capital injection aims to sustain and accelerate HCIFPL’s growth while maintaining strong capital adequacy, supporting its expansion in the personal loans segment.