TVS Motor Company Acquisition
TVS Motor completed the secondary acquisition of a 4.90% stake in Jana Small Finance Bank. This strategic investment strengthens the company's financial services portfolio.
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TVS Motor completed the secondary acquisition of a 4.90% stake in Jana Small Finance Bank. This strategic investment strengthens the company's financial services portfolio.
TVS Motor Company will acquire a 4.90% stake in Jana Small Finance Bank for ₹193.31 Crore. The strategic investment aims to explore banking ecosystem collaborations.
NCLT Chennai sanctioned the merger of Sundaram Auto Components with TVS Motor Company. The amalgamation simplifies group structure and is effective upon filing with the Registrar.
TVS Motor Company Limited acquired an additional 0.20% stake in DriveX Mobility Private Limited for ₹9.99 Crore. This acquisition increases the company's footprint in the pre-owned two-wheeler leasing and trading market. The transaction was completed on April 15, 2026, through a cash consideration.
TVS Motor Company increased its stake in subsidiary DriveX Mobility Private Limited to 92.41% from 87.38%. The latest 0.20% tranche was acquired for ₹9.99 Crore via cash consideration. The transaction, completed on April 15, 2026, aims to leverage operational excellence to improve efficiencies in the two-wheeler trading business.