TVS Motor Company Limited — Important, 16-04-2026: Updates

TVS Motor increased its stake in subsidiary DriveX Mobility to 92.41% from 87.38%, acquiring an additional 0.20% for 9.99 Cr. DriveX, a pre-owned two-wheeler business, reported FY25 turnover of 59.97 Cr and a loss of 46.33 Cr, with this move aiming to boost operational efficiencies.