TVS Motor Company Limited — JV/Acquisition, 25-09-2025: Acquisition

TVS Motor's Singapore subsidiary is acquiring 100% of Italy-based Engines Engineering S.p.A (EE) for EUR 5.05 million. EE specializes in design, engineering, and testing services for two and three-wheeled vehicles, with expertise in high-performance models. This strategic move accelerates TVS Motor's vision to be a global mobility player. It enhances TVS Motor's design and engineering capabilities, strengthening its product portfolio with critical R&D expertise. The acquisition complements previous strategic moves, securing long-term design services for TVSM and its subsidiaries.