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TVS Motor Company’s arm acquires additional 30% stake in EBCO

27 Mar 2025 Evaluate

TVS Motor Company’s wholly-owned subsidiary --TVS Motor (Singapore) (TVSM Singapore), has acquired additional 30% of the share capital of EBCO from its existing shareholder for a consideration of GBP 60,000. Consequently, EBCO has become a wholly owned subsidiary of TVSM Singapore and the company effective from March 26, 2025.  

TVS Motor Company (TVSM) considers EBCO as a long-term partner to establish a strong presence in the e-bike business. To this end, TVSM proposes to obtain the entire stake (100%) in the Target through its Singapore Subsidiary, TVS Motor (Singapore). 

TVS Motor Company is a two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia.


TVS Motor Share Price

3743.60 -7.00 (-0.19%)
17-Apr-2026 16:59 View Price Chart
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