Eicher Motors Ltd (EICHERMOT)
Eicher Motors enters Financial Services business with Volvo Group
Eicher Motors and Volvo Group announce a 50:50 JV for financing and leasing services in India. Board approved investment up to Rs. 750 Cr for 50% stake in Volvo Financial Services India. JV to serve as captive financing arm for VECV, Eicher, and Volvo products. VFS India has Rs 1,825 Cr AUM as of Mar 31, 2026. JV aims to enhance customer financing experience and accelerate decision-making. Closing subject to regulatory approvals.
Source: Original filing PDF
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