Tvs Supply Chain Solutions Limited has informed the Exchange about Acquisition
TVSSCS · price
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TVS Supply Chain Solutions is investing an additional INR 213.44 million into its wholly owned US subsidiary, TVS Logistics Investment Inc. USA, by subscribing to newly allotted equity shares at USD 165 per share. The funds are earmarked for working capital and cash flow needs of the US arm. The subsidiary, incorporated in December 2010, is in the business of storage, warehousing, freight transportation and land transport services in the USA, with FY25 turnover of INR 10,298.94 million. The subsidiary will continue to remain wholly owned, the transaction is at arm's length, and is expected to be completed by March 31, 2026, under the automatic route of FEMA and Overseas Investment Guidelines.
This is an internal capital infusion into a wholly owned subsidiary rather than a new acquisition, so it has no impact on shareholding structure. The modest INR 213.44 million outlay signals continued working capital support for the US business, which contributes meaningfully to consolidated revenue.