Tag: stake acquisition
MANUFACTURING Tata Steel Acquires 23% Stake In TM International Logistics For ₹335 Cr

Tata Steel Ltd has completed the acquisition of a 23% equity stake in TM International Logistics Ltd (TMILL) for ₹335 crore, increasing its holding in the logistics company to 74%. Tata Steel acquired 41.40 lakh equity shares of ₹10 each from IQ Martrade Holding Und Management GmbH, in accordance with the terms of the Share […]

CW Bureau · Aug 20, 2026
BANKING & FINANCE TVS Motor Buys 4.39% Stake Of TVS Credit For ₹711 Cr From Lucas-TVS

TVS Motor Company Ltd has increased its stake in subsidiary TVS Credit Services Ltd (TVS CS) to 85.15% by acquiring 4.39% equity from Lucas-TVS Ltd for an aggregate cash consideration of ₹711 crore. The transaction involved the acquisition of 1,13,37,297 equity shares of TVS Credit Services and was completed on July 27, 2026, the company […]

CW Bureau · Jul 27, 2026
BANKING & FINANCE TVS Venu Group Set To Acquire 9.9% Stake In Jana Small Finance Bank

TVS Motor Company promoter group TVS Venu Group has agreed to acquire a minority stake in Jana Small Finance Bank through a mix of primary issuance of warrants and secondary share purchase. The proposed transaction will give TVS Venu Group an equity ownership of up to 9.9% in Jana Small Finance Bank on a fully […]

CW Bureau · May 18, 2026