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TVS Motor board approved composite scheme merging wholly-owned TVS Motor Services into itself and demerging consumer finance undertaking with Rs3,921 crore turnover into Harita ARC on 1-for-1 listed share basis, pending approvals, plus acquiring STPL Trading to add about 2.4% in TVS Credit post-merger.
TVS Holdings Secures NCLT Approval For 93.06 Crore Bonus Preference Shares
TVS Holdings Subsidiary Home Credit to Acquire Varthana Finance for ₹967 Crore
TVS Holdings Promoter VS Trust Pledges 2.08% Stake For ₹250 Crore Facility