TVS Holdings Ltd
TVS Holdings Ltd Sells Entire Stake in Subsidiary TVS Emerald for Rs. 485.85 Cr
Dec 31 2024 | 4 months agoTVS Holdings Ltd has sold its entire holding of 25,54,43,333 equity shares of face value of Rs. 10/- each comprising of 100% stake in TVS Emerald, a wholly owned subsidiary of the Company on 31st December 2024. The sale was completed on the same day and Rs. 485.85 Cr was received as consideration. The buyer, VEE ESS Trading Private Limited, is a member of the Promoter Group of the Company.
- TVS Holdings Ltd sells entire stake in subsidiary TVS Emerald
- Sale completed on 31st December 2024
- Rs. 485.85 Cr received as consideration
- VEE ESS Trading Private Limited, a member of the Promoter Group, is the buyer