TVS Holdings Ltd (formerly known as Sundaram-Clayton Ltd) has infused ₹527 crore into its subsidiary, Home Credit India Finance Pvt Ltd (HCIFPL), through an additional equity acquisition. The company acquired 22.91 crore shares of HCIFPL at ₹22.99 per share, amounting to a total consideration of ₹526.79 crore. Objective of the investment According to a regulatory […]