TVS Supply Chain Solutions enters into loan agreement with FIT3PL

07 Oct 2024 Evaluate

TVS Supply Chain Solutions has entered into inter-corporate loan agreement with its wholly owned subsidiary, FIT 3PL Warehousing (FIT3PL) on October 4, 2024. Through this transaction, the company is eyeing to maximise its cash flows within the group to effect interest cost savings and improve the overall profitability. Size of agreement is Rs 6 crore. 

TVS Supply Chain Solutions (TVS SCS), an integrated supply chain solutions provider. TVS SCS is promoted by the erstwhile TVS Group and is now part of the TVS Mobility Group, which has four business verticals -- supply chain solutions; manufacturing; auto dealership, and aftermarket sales and service.


TVS Supply Chain Sol Share Price

171.60 -1.75 (-1.01%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Allcargo Logistics 50.02
TVS Supply Chain Sol 171.60
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