TVS Holdings sells entire holding in TVS Emerald

01 Jan 2025 Evaluate

TVS Holdings has sold its entire holding of 25,54,43,333 equity shares of face value of Rs 10 each comprising of 100% stake in TVS Emerald, a wholly owned subsidiary of the Company on December 31, 2024. 

Consequent to the above, TVS Emerald and its subsidiaries ceased to be subsidiaries of the Company effective December 31, 2024. The consideration received from such sale is Rs 485.85 crore. 

TVS Holdings (Formerly known as Sundaram-Clayton) manufactures non-ferrous gravity and pressure die castings.

TVS Holdings Share Price

9844.95 -393.95 (-3.85%)
10-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 144.90
TVS Holdings 9844.95
Bosch 31804.65
UNO Minda 1102.00
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