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TVS Holdings acquires additional stake in Emerald Haven Realty

06 Jan 2024 Evaluate

TVS Holdings has acquired an additional stake of 11.66% in Emerald Haven Realty (EHRL), Subsidiary Company, by way of purchase of shares from an existing shareholder. Consequent to the additional acquisition, the company’s stake in EHRL has increased to 89.26% from 77.60%. EHRL presents great diversification potential which has been conceptualized by the company and hence this additional investment is made.

TVS Holdings (Formerly known as Sundaram-Clayton) manufactures non-ferrous gravity and pressure die castings.

Peers
Company Name CMP
Bajaj Finserv 1734.35
TVS Holdings 11577.05
Cholamandalam Fin. 1377.45
Altius Telecom Infra 172.00
Kama Holdings 2239.70
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