02-Jul-2026 17:42:25

TVSHLTDAcquisition and merger

TVS HOLDINGS : ACQUIRES ADDITIONAL SHARES IN SUBSIDIARY WORTH RS 176.38 CR

• TVS Holdings Limited has subscribed to and has been allotted an additional 6,58,64,009 equity shares of Rs. 10/- each in Home Credit India Finance Private Limited (“HCIFPL”) • The additional investment is made towards sustaining and accelerating the current growth rate of HCIFPL • The aggregate cost of this additional investment is Rs. 176.38 Cr, at Rs. 26.78 per share • The Company's aggregate holding in HCIFPL remains at 80.17% • HCIFPL is a non-deposit-taking non-banking financial company registered with the Reserve Bank of India and is categorised as a middle layer NBFC • For FY 2025-26, HCIFPL generated a turnover of Rs. 2,112.74 Cr, profit after tax of Rs. 132.24 Cr and had a net-worth of Rs. 2,654.35 Cr

TVS Holdings Limited

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