TVS Holdings has raised Rs 650 crore through the allotment of 65,000 Senior, Rated, Unsecured, Listed, Redeemable and Non-Convertible Debentures (NCDs) of the face value of Rs 1 lakh each, on private placement basis to the identified investors. The Board of Director of the company in its meeting held on June 7, 2024, has approved the same.
TVS Holdings (Formerly known as Sundaram-Clayton) manufactures non-ferrous gravity and pressure die castings.