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TVS Motor Company’s arm acquires company in Singapore

24 May 2021 Evaluate

TVS Motor Company’s overseas subsidiary -- TVS Motor (Singapore) Pte (TVSM Singapore) has acquired a company in Singapore for Sg $1, and thereby it has become a subsidiary of TVSM Singapore as well as to the company. The newly acquired company has been renamed as TVS Digital Pte. The acquisition does not fall under a related party transaction.

TVS Motor Company is a reputed two and three-wheeler manufacturer.

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