TVS Motor Company Ltd (TVSMOTOR)
Amalgamation/Merger
Hon’ble NCLT Chennai sanctioned the scheme of amalgamation of Sundaram Auto Components Limited with TVS Motor Company Limited effective from 1st April 2025. Sundaram Auto Components, a wholly owned subsidiary, will dissolve without winding up. No consideration will be issued as share capital stands cancelled. Assets, liabilities, employees, and pending proceedings transfer to TVS Motor. The scheme aims to simplify group structure, reduce compliance, and enhance operational efficiency. All statutory compliances fulfilled; scheme approved with standard conditions.
Source: Original filing PDF
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