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.