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TVS Group begins the arduous task of simplifying ownership structure
The rearrangement of shareholding of TVS Group will help the next generation of entrepreneurs branch out to newer investment areas December 11, 2020 / 05:30 PM IST
For the first time since the mid-1990s the century-old TVS Group laid bare its intentions of simplifying the ownership structure of group companies, which it believes will ensure that the control of group companies rests with the management.
Even as further details are awaited, the idea is to allow one promoter family that is holding shares in one entity to have control of the company it runs. This way the ownership structure of individual companies will also get clearer.