TVS Motor Company Limited has informed the Exchange about Acquisition
TVSMOTOR · price
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TVS Motor Company has invested Rs. 171.51 Cr to acquire an additional 29,11,235 equity shares in its subsidiary, TVS Credit Services Limited, at Rs. 10 per share. This increases TVS Motor's stake in TVS Credit from 80.69% to 80.76% on a fully diluted basis. The investment is aimed at improving TVS Credit's capital adequacy ratio and supporting general corporate needs. TVS Credit is an RBI-registered NBFC that finances two-wheelers, tractors, used cars, consumer durables, and MSMEs, reporting a turnover of Rs. 6,626.10 Cr and a profit after tax of Rs. 767.25 Cr for FY25.
This is a minor stake increase (only 0.07%) in an existing subsidiary, so the direct impact on TVS Motor's earnings is limited. However, the capital infusion strengthens TVS Credit's lending capacity, which could support higher vehicle finance penetration for TVS Motor's products and contribute to the group's overall financial ecosystem.