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TVS Motor Company LimitedJV/Acquisition, 27-07-2026: Acquisition

27-07-2026 | 08:30 pm

TVS Motor Company has acquired an additional 4.39% stake in its financial services subsidiary, TVS Credit Services, for Rs. 711 Cr. This strategic move increases TVSM's holding in TVSCS to 85.15% (fully diluted). The acquisition aims to consolidate ownership, streamline operations, and enhance control over its crucial NBFC arm, which offers automobile and consumer durable financing. This reinforces TVSM's financial services footprint and is expected to drive greater operational efficiencies within the group.

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