Announced Thu, 3 Sept, 2026 · 17:37 IST
TVS Srichakra unit completes 51% acquisition of Weber Drivetrain
TVSSRICHAK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹5234.50
prior close
₹5330.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.5-1.4+0.7+2.1+0.9-1.0+0.0-0.7-10.9-14.4-16.4——
Up moveDown movePending
AI summary
TVS Srichakra's step-down subsidiary TVS Sensing Solutions has completed acquiring 51% stake (5,100 shares) in Weber Drivetrain on 31 Aug 2026 for Rs 10 lakh. Final consideration is sharply lower than the earlier disclosed Rs 1.43 crore, now corrected. Weber becomes a step-down subsidiary.
Likely market impact
Small acquisition by subsidiary with significantly lower cost than disclosed earlier. Limited immediate impact on the listed parent.