Ace News
TVS Motor Company has sold its entire holding of 30,50,000 equity shares of Rs 10 each (100%) in TVS Digital, a wholly owned subsidiary of the company on September 16, 2024. Consequent to the above, the TVS Digital has ceased to be a wholly owned subsidiary of the Company effective September 16, 2024. Consideration received from such sale/disposal is Rs 4.14 crore.
TVS Motor Company is a reputed two and three-wheeler manufacturer. TVS Motors strength lies in its extensive research and development, resulting in products that are industry leading in terms of innovation.