TVS Holdings Limited — JV/Acquisition, 28-03-2026: Acquisition

TVS Holdings has increased its stake in subsidiary Home Credit India Finance (HCIFPL) by investing Rs. 526.79 Cr. This significant infusion boosts TVS Holdings' ownership to 80.39%. The strategic move aims to accelerate HCIFPL's growth in retail consumer and cash loans, while strengthening its capital base. HCIFPL operates in non-banking financial services, focusing on consumer durables and cash loans via point-of-sale and online channels. This deepens TVS Holdings' footprint in India's expanding retail finance sector.