TVS Supply Chain Solutions zooms on signing memorandum of understanding with Sankyu Inc
TVS Supply Chain Solutions is currently trading at Rs. 130.05, up by 8.60 points or 7.08% from its previous closing of Rs. 121.45 on the BSE.
The scrip opened at Rs. 120.50 and has touched a high and low of Rs. 131.70 and Rs. 120.50 respectively. So far 162547 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 146.30 on 10-Jul-2026 and a 52 week low of Rs. 90.60 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 131.70 and Rs. 120.20 respectively. The current market cap of the company is Rs. 5780.03 crore.
The promoters holding in the company stood at 43.03%, while Institutions and Non-Institutions held 4.55% and 52.42% respectively.
TVS Supply Chain Solutions has signed a strategic Memorandum of Understanding (MoU) with Sankyu Inc. (Sankyu), a leading Japan-headquartered logistics and engineering company, to collaborate across supply chain and engineering services, creating a platform to unlock growth opportunities across key industrial sectors.
The partnership brings together the company’s extensive supply chain capabilities, strong market presence and deep customer relationships with Sankyu’s engineering expertise, logistics capabilities and long-standing relationships across the Japanese industrial ecosystem. By combining these complementary strengths, the companies will explore opportunities to deliver enhanced value through a broader portfolio of solutions spanning logistics, warehousing, transportation, engineering services, maintenance and on-site industrial support.
As part of the MoU, Sankyu intends to acquire an equity stake of 0.5% in the company subject to customary regulatory approvals. The collaboration will initially focus on opportunities in India, where both companies see significant potential to support manufacturing and industrial customers through a broader range of supply chain and engineering services. With more than 1,400 Japanese companies operating in India across manufacturing and industrial sectors, the partnership is well positioned to support their evolving supply chain and engineering requirements while also serving a wider customer base.
Over time, the collaboration is expected to expand into other markets across Asia, the Middle East and Africa, leveraging the combined capabilities of both organisations. The companies will also explore opportunities in other global markets where both have an established presence, leveraging each other's capabilities to create additional value for customers.
