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TVS Holdings sells stake in TVS Credit Services

28 Sep 2023 Evaluate

TVS Holdings has sold 52,66,650 equity shares held by it in TVS Credit Services (TVS Credit) to PI Opportunities Fund-I Scheme-II (PI), for an aggregate sum of Rs 154.61 crore, on September 27, 2023 (Sale). 

Auto parts firm Sundaram Clayton has been rechristened as TVS Holdings. 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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