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TVS Motor Company sells entire stake in Emerald Haven Realty

16 Jun 2023 Evaluate

TVS Motor Company has sold its entire holding of 11,12,19,512 equity shares constituting 43.54% in Emerald Haven Realty (EHRL), an associate Company on June 14, 2023. Consequent to the above, EHRL ceased as an associate of the Company effective June 14, 2023. Consideration received from such sale/disposal is Rs 166.83 crore.

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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