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Srinivasan Trust sells 25.69 lakh shares of TVS Motor

06 Dec 2022 Evaluate

TVS Motor Company’s promoter entity -- Srinivasan Trust has sold 25.69 lakh shares of the company for Rs 262 crore through an open market transaction. According to the bulk deal data available with the BSE, Srinivasan Trust sold 25,69,726 shares, amounting to 0.54 per cent stake in the company. The shares were disposed of at an average price of Rs 1,020.03 per scrip, taking the transaction value to Rs 262 crore.

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

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Company Name CMP
Bajaj Auto 10371.00
TVS Motor Company 4280.00
Hero MotoCorp 5107.00
Eicher Motors 7250.00
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