TVS Holdings has informed that VS Trust {through its trustee), one of the members of the promoter and promoter group of the Target Company proposes to acquire an aggregate of 13,73,347 equity shares of the Target Company (representing 6.79% of the equity share capital) from Mr Venu Srinivasan, another member of the promoter and promoter group of the Target Company, pursuant to an off market inter-se transfer among members of the promoter and promoter group of the Target Company. In this regard, it has enclosed a disclosure in respect of the proposed acquisition of equity shares of the Target Company under Regulation 10(5) of the Takeover Regulations.
The above information is a part of company’s filings submitted to BSE.
