TVS Motor Company’s wholly-owned subsidiary -- Sundaram Auto Components (SACL) has sold 50.05% equity stake in Sundaram Holding USA Inc., USA (SHUI), to Sundaram-Clayton (SCL). Subsequent to the above, SHUI has ceased as a subsidiary of SACL and also of the company and consequently SHUI’s subsidiaries in USA viz., Green Hills Land holding, Component Equipment Leasing, Sundaram-Clayton USA and Premier Land Holding have also ceased as subsidiaries of the Company. Consideration received from such sale/disposal is Rs 317.01 crore.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 9777.15 |
| Hero MotoCorp | 5229.25 |
| TVS Motor | 3743.60 |
| Eicher Motors | 7189.40 |
| Ather Energy | 850.65 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: