Sundaram-Clayton subscribes entire stake of SCL GmbH

TVS Holdings Ltd. | Finance - Investment | BFSI | BSE: 520056 | NSE: TVSHLTD

09 Feb 2023 Evaluate

Sundaram-Clayton has subscribed 25,000 shares of Euro 1 each representing 100% of the share capital of Sundaram–Clayton GmbH (SCL GmbH). Cost of acquisition is Euro 25000. Hence, SCL GmbH is a wholly owned subsidiary of the Company and is a related party of the Company. Sundaram–Clayton GmbH is yet to commence its business operations.

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.

Peers

Company Name	CMP
Bajaj Finserv	1771.00
TVS Holdings	12493.90
Cholamandalam Fin.	1433.10
Altius Telecom Infra	175.00
Kama Holdings	2204.55
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.