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TVS Motor’s arm to acquire additional 25% stake in Swiss E-Mobility Group

10 Jun 2023 Evaluate

TVS Motor Company’s subsidiary--TVS Motor (Singapore) has agreed to acquire an additional 25% stake in Swiss E-Mobility Group (Holding) AG (SEMG), Switzerland by way of purchase of shares from the existing shareholders. SEMG is currently a subsidiary of TVS Motor (Singapore) and the company and consequent to the additional acquisition, SEMG will become a wholly owned subsidiary of TVS Motor (Singapore) and also the company.

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


TVS Motor Share Price

3757.50 13.90 (0.37%)
20-Apr-2026 11:56 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9799.20
Hero MotoCorp 5287.00
TVS Motor 3757.50
Eicher Motors 7197.50
Ather Energy 904.00
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