TVS Motor raises stake in TVS Credit with ₹711 crore acquisition
after close1 source ↓written by the desknot a recommendation
- in TVS Credit
- 4.39% stake
- Credit Services
- ₹711 crore
- its ownership
- 85.15%
- completed
- 27 July
- in FY26
- ₹7,191.14 crore
TVS Motor Company has acquired an additional 4.39% stake in TVS Credit Services for ₹711 crore, raising its ownership to 85.15%. This acquisition, completed on 27 July, aims to enhance operational efficiencies within the non-banking financial company (NBFC) and streamline ownership. TVS Credit reported a turnover of ₹7,191.14 crore in FY26.
Not investment advice. For informational purposes only.