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TVS Holdings’ arm acquires 100% stake in Radial IT Park phase II, III

24 Dec 2024 Evaluate

TVS Holdings’ wholly owned subsidiary -- TVS Emerald has completed acquisition of 100% of the equity shares and compulsorily convertible debentures in two entities viz., M/s. Radial (Phase II) IT Park and M/s. Radial (Phase III) IT Park, respectively.

With this, M/s. Radial (Phase II) IT Park and M/s. Radial (Phase III) IT Park have become wholly owned subsidiaries of TVS Emerald and consequently step-down subsidiaries of the Company. 

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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