MoneyWorks4Me

TVS Holdings raises Rs 650 crore through NCDs

07 Jun 2024 Evaluate

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.


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
View more..