02-Nov-2026 20:23:49
TVSHLTDGeneral news
TVS HOLDINGS : INVESTS RS 483.91 CR IN HOME CREDIT INDIA VIA RIGHTS ISSUE
• Allotted 12.55 Cr equity shares of Home Credit India Finance at ₹38.55/share, aggregating ₹483.91 Cr • Cash consideration; shares issued at same price and terms as offered to other shareholders on fair valuation • Post allotment, TVS Holdings shareholding in HCIFPL remains unchanged at 74.45% • HCIFPL is an RBI-registered middle-layer NBFC in consumer durables loans and cash loans; FY26 turnover ₹2,112.74 Cr, PAT ₹132.24 Cr, net worth ₹2,654.35 Cr • Prior three-year turnover: FY25 ₹2,096.54 Cr, FY24 ₹1,927.03 Cr • Additional investment made to sustain and accelerate HCIFPL's current growth rate; allotment completed 31 October 2026, intimated 2 November 2026
TVS Holdings Ltd
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