Tag: STPL Trading and Services
BANKING & FINANCE TVS Holdings Pumps ₹484 Cr Into Home Credit, Raises Stake To 74.45%

TVS Holdings Ltd, formerly known as Sundaram-Clayton Ltd, has increased its stake in Home Credit India Finance Pvt Ltd (HCIFPL) to 74.45% following an additional investment of ₹483.91 crore through a rights issue. The company was allotted 12,55,26,842 equity shares of ₹10 each at an issue price of ₹38.55 a share. Investment supports growth plans […]

CW Bureau · Nov 2, 2026
AUTO TVS Motor To Demerge Consumer Finance Into Separate Holding Co

TVS Motor Company will demerge its consumer finance and related businesses into a separate holding company, enabling shareholders to participate in the future growth of both the automotive and financial services businesses. The company’s board of directors has approved a composite scheme of arrangement under which existing shareholders will receive an equal number of shares […]

CW Bureau · Oct 28, 2026