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TVS Motor Company’s arm completes acquisition of 25% stake in Killwatt GmbH

14 Apr 2023 Evaluate

TVS Motor Company’s subsidiary -- TVS Motor (Singapore) has completed acquisition of the 25% stake in Killwatt GmbH. Earlier, the Company’s subsidiary -- TVS Motor (Singapore) had agreed to acquire 25% stake in Killwatt GmbH by way of newly issued shares of Killwatt GmbH. Killwatt presents great potential which has been conceptualised by the company.

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

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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