TVS Holdings Ltd

📈 TVS Holdings Boosts Stake in HCIFPL to 80.39% with ₹526.79 Crore Investment

- TVS Holdings subscribed to 229,139,017 equity shares in HCIFPL on March 28, 2026.

- Investment price: ₹22.99 per share, totaling ₹526.79 Crores.

- Post-investment shareholding: 80.39%.

- HCIFPL is an RBI-registered NBFC offering consumer loans and value-added services.

- FY 2024-25 turnover: ₹2,096.54 Crores.

- FY 2024-25 loss after tax: ₹530.04 Crores.

- Transaction conducted at arm's length based on a valuation report.