TVS Motor Company Ltd (TVSMOTOR)
TVS Motor Company Limited has informed the Exchange regarding Outcome of Investment Committee Meeting of the Board of Directors held on May 18, 2026
TVS Motor Company approved acquisition of 4.9% stake in Jana Small Finance Bank via share purchase agreement on May 18, 2026. The acquisition cost is INR 193.31 Cr in cash. Jana Small Finance Bank is the fourth largest small finance bank in India with FY26 income of INR 6,374.76 Cr and PAT of INR 326.43 Cr. Completion expected within 3 months, subject to conditions. The investment aims to foster collaboration and insight into banking ecosystem.
Source: Original filing PDF
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