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TVS Supply Chain Solutions enters into inter-corporate loan agreement with TVS TT

01 Oct 2024 Evaluate

TVS Supply Chain Solutions has entered into inter-corporate loan agreement with its subsidiary, TVS Toyota Tsusho Supply Chain Solutions (TVS TT) on September 30, 2024. Through this transaction, the company is eyeing to maximise its cash flows within the group to effect interest cost savings and improve the overall profitability. Size of agreement is Rs 20 crore. 

TVS Supply Chain Solutions (TVS SCS), an integrated supply chain solutions provider. TVS SCS is promoted by the erstwhile TVS Group and is now part of the TVS Mobility Group, which has four business verticals -- supply chain solutions; manufacturing; auto dealership, and aftermarket sales and service.


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