TVS Motor Company inches up on acquiring 4.39% stake in TVS Credit Services
TVS Motor Company is currently trading at Rs. 3890.65, up by 9.80 points or 0.25% from its previous closing of Rs. 3875.60 on the BSE.
The scrip opened at Rs. 3865.00 and has touched a high and low of Rs. 3,898.00 and Rs. 3,850.05 respectively. So far 233 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3974.00 on 23-Jul-2026 and a 52 week low of Rs. 2750.20 on 28-Jul-2025.
Last one week high and low of the scrip stood at Rs. 3974.00 and Rs. 3,825.60 respectively. The current market cap of the company is Rs. 184124.76 crore.
The promoters holding in the company stood at 50.27%, while Institutions and Non-Institutions held 41.56% and 8.17% respectively.
TVS Motor Company has acquired 1,13,37,297 equity shares of TVS Credit Services (TVS CS), a subsidiary of the company from Lucas-TVS (Lucas TVS) constituting 4.39% of the paid-up share capital in TVS CS for an aggregate consideration of Rs 711 crore. The transaction has been completed on July 27, 2026.
The acquisition is proposed to consolidate the company's stake in TVS CS by acquiring the shares held by the other shareholders and is expected to streamline ownership and facilitate operational efficiencies. Consequent to the above, the shareholding of the company in TVS CS shall increase from 80.76% to 85.15% (on a fully diluted basis).
