SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

TVS Electronics gets nod to acquire growth business of TVS-E Servicetec

11 Nov 2011 Evaluate

TVS Electronics has received an approval to acquire certain growth business of TVS-E Servicetec together with customer contracts, assets, systems and processes and other rights, subject to requisite consents effective October 01, 2011. The board at its meeting held on November 10, 2011 has approved for the same.

As part of its growth initiatives, the company in addition to its existing product portfolio of transaction automation products will provide one stop shop for its customers offering end to end products, services, solutions and support. The company has over the years built service and support infrastructure in this direction.

Earlier, the company had informed vide its letter dated July 23, 2011, the steps it proposed to take for its growth strategy like building solution and services capabilities, for providing enterprise solutions and managed services to customers in sectors like banking, financial services, retail, hospitality, healthcare, etc.

Both companies are part of TVS Investments - belonging to the $3.5 billion Japan-based TVS group. TVS Electronics started as an IT peripherals maker and has transformed into an IT transaction solution provider and business process outsourcing partner.

TVS-E Servicetec stemmed from providing warranty and post warranty support for the TVS Electronics range of computer peripheral products. The company later expanded to installation and support of products like cellphones, point of sales devices, desktops, laptops, credit card terminals, ATMs, petro-station automation projects and telecom base station projects.

TVS Electronics Share Price

481.20 -6.35 (-1.30%)
19-Jun-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: