TVS Holdings has acquired 88,09,45,401 equity shares of Home Credit India Finance (HCIFPL) from Home Credit India B.V., an entity based in Netherlands and Home Credit International A.S., an entity based in Czech Republic (Acquisition) on January 31, 2025 constituting 80.74% stake in HCIFPL for an aggregate consideration of Rs 554.06 crore.
TVS Holdings (Formerly known as Sundaram-Clayton) manufactures non-ferrous gravity and pressure die castings.