TVS Srichakra Limited — JV/Acquisition, 03-09-2026: Acquisition

TVS Srichakra's step-down subsidiary, TVS Sensing Solutions, has finalized its acquisition of a 51% equity stake in Weber Drivetrain Private Limited for ₹0.1 Cr. This strategic move makes Weber Drivetrain a step-down subsidiary, enriching TVS Sensing Solutions' portfolio in drivetrain technology and components. The acquisition aligns with the company's focus on expanding its capabilities in the automotive sector, potentially enhancing TVS Srichakra's overall market presence and product offerings.