TVS Supply Chain Solutions Limited — JV/Acquisition, 22-05-2026: Acquisition

TVS Supply Chain Solutions, via its subsidiary FIT 3PL, has acquired an 80% stake in Swamy & Sons 3PL Private Limited for ₹59.56 Cr. This initial investment sets the stage for a full 100% acquisition. This strategic move significantly expands TVS SCS's business, strengthening its capabilities in Fast-Moving Consumer Goods (FMCG) and Fast-Moving Consumer Durables (FMCD) logistics. The acquired entity adds a robust 3PL business with a FY25 turnover of ₹207.1 Cr, expected to drive revenue and profit growth for TVS SCS.