Sundaram-Clayton has sold 8,56,650 shares held by it in TVS Training and Services (TVSTS), an associate Company, on October 7, 2022. Consequent to the above, the shareholding of the company in TVSTS has reduced from 30.53% to 21.07%. The consideration received from such sale/disposal is Rs 1.24 crore.
Sundaram-Clayton operates in a wide range of activities such as manufacturing of automotive vehicles, automotive components, spare parts & accessories thereof, housing development and financial services.
