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TVS Motor Company’s arm completes further acquisition in Killwatt GmbH

21 Mar 2024 Evaluate

TVS Motor Company’s subsidiary--TVS Motor (Singapore) has completed their further acquisition of 8,000 equity shares in Killwatt GmbH. Pursuant to the aforementioned acquisition, the shareholding of the company in Killwatt GmbH has increased from 39.28% to 49%, by way of newly issued shares of Killwatt GmbH.

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


Peers
Company Name CMP
Bajaj Auto 10377.00
TVS Motor Company 4078.80
Hero MotoCorp 5220.35
Eicher Motors 7150.00
OLA Electric Mobilit 34.95
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