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TVS Holdings acquires 100% stake in TVS Digital

17 Sep 2024 Evaluate

TVS Holdings has acquired 100% stake in TVS Digital, a step down Subsidiary Company, by way of purchase of shares from TVS Motor Company, a subsidiary of the Company. Consequent to the acquisition, the TVS Digital has become a wholly owned subsidiary of the company, effective from September 16, 2024. Cost of acquisition is Rs 4.14 crore.  

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
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