TVSMOTOR : TO DEMERGE CONSUMER FINANCE BUSINESS INTO SEPARATE HOLDING COMPANY

• Board approved composite scheme to demerge consumer finance and related business undertaking into a separate holding company • Shareholders to receive equal number of shares in the resulting company as in TVS Motor, keeping them invested in both mobility and consumer finance businesses • Group NBFC companies had in August 2026 approved merging the consumer finance businesses into a single operating platform • Scheme also envisages merger of wholly owned subsidiary TVS Motor Services into the company to streamline corporate structure • Board also approved acquiring controlling interest in STPL Trading and Services, which is merging with TVS Credit, giving an additional ~2.4% holding in TVS Credit • Scheme subject to statutory, regulatory, shareholder and other approvals

TVS Motor Company Ltd

Open attachment

← Back to feed