TVS Motor Company Ltd (TVSMOTOR)
Acquisition
Acquisition of 100% stake in Harita ARC Limited (TVSM WOS) completed on 28-Oct-2026 for Rs. 25,000 cash. Board approved Composite Scheme involving amalgamation of TVS Motor Services Limited with TVS Motor Company and demerger of consumer finance business into TVSM WOS. Post-demerger, TVSM WOS will issue shares to TVS Motor shareholders proportionate to their holdings. Scheme subject to regulatory approvals and stock exchange permissions.
Source: Original filing PDF
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🚨 TVSMOTOR — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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