TVS Holdings Merger & Restructuring
TVS Holdings Limited received the NCLT Chennai Bench order sanctioning its Scheme of Arrangement. The scheme involves issuing fully paid-up preference shares as a bonus to shareholders.
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TVS Holdings Limited received the NCLT Chennai Bench order sanctioning its Scheme of Arrangement. The scheme involves issuing fully paid-up preference shares as a bonus to shareholders.
TVS Holdings Limited received NCLT approval for a Scheme of Arrangement with its shareholders. The scheme involves issuing fully paid-up preference shares as bonus.
TVS Holdings subsidiary Home Credit India Finance approved a composite scheme of amalgamation. The merger involves STPL Trading, TVS Housing Finance, and TVS Credit Services.
TVS Holdings Limited announced a reduction in its shareholding in its subsidiary, Home Credit India Finance, from 80.17% to 74.45% following a new share allotment.
TVS Holdings' subsidiary will acquire 100% of Varthana Finance for Rs. 967 Crore. The acquisition expands the group's presence into the specialized education-finance segment.
TVS Holdings acquired additional equity in Home Credit India Finance for Rs. 176.38 Crore. The investment supports growth in the retail NBFC segment.