TVS Motor Company Limited has intimated stock exchanges of a Composite Scheme of Amalgamation involving subsidiaries TVS Credit Services Limited and TVS Housing Finance Private Limited, along with Home Credit India Finance Private Limited and STPL Trading and Services Private Limited, with board approvals received on 5th August 2026. The scheme involves a two-stage amalgamation, with STPL Trading merging into Home Credit India Finance, followed by the merger of Home Credit India Finance and TVS Housing Finance into TVS Credit Services. Share exchange ratios have been determined by registered valuer M/s. Bansi S Mehta Valuers LLP, with a fairness opinion issued by JM Financial Services Limited. The scheme remains subject to approvals from the RBI, CCI, SEBI, NCLT, and other relevant authorities, and will not result in any change in the shareholding pattern of TVS Motor Company Limited.
Source: scanx.trade
Read on original siteQuestions about how this affects your business? Speak with a PJRJ partner.