Tvs Supply Chain Solutions Limited has informed the Exchange about Update on Acquisition
TVSSCS · price
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TVS Supply Chain Solutions (TVS SCS) has infused ₹59.56 crore in cash into its wholly owned subsidiary FIT 3PL Warehousing Private Limited through an equity share allotment. FIT 3PL operates in the 3PL and warehousing industry and had a turnover of ₹133.18 crore in FY25, down from ₹144.40 crore in FY24 and ₹160.38 crore in FY23. The company, incorporated in 1997, will continue to remain a wholly owned subsidiary. The funding is aimed at facilitating business growth and expansion, with an indicative completion timeline of September 2027.
This is an internal capital infusion into an existing subsidiary and is not expected to have a direct material impact on TVS SCS standalone financials, as FIT 3PL is already fully consolidated. The move signals continued focus on warehousing and logistics expansion.