Eicher Motors Ltd (EICHERMOT)
Investment in Volvo Financial Services (India) Private Limited
Investment in Volvo Financial Services (India) Private Limited
- Eicher Motors approved up to Rs 750 Cr investment for 50% equity in Volvo Financial Services India
- JV to provide captive financial services to AB Volvo, VE Commercial Vehicles, and Eicher Motors customers
- Transaction subject to RBI approval, expected completion by Dec 2026
- Shared control with equal board representation; Volvo nominates CEO, CFO, CRO; Eicher nominates MD, Dy CFO
- Lock-in period of 5 years for share transfers; arm's length related party transaction
Source: Original filing PDF
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