Explainer | A look at the TVS Group s proposed recast of holdings thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
A look at the TVS Group s proposed recast of holdings thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
$8.5 billion TVS Group restructures ownership of group companies, to scrap holding company
IANSDec 11, 2020, 08:20 IST
BCCL
Chennai, The members of $8.5 billion TVS family on Thursday decided to restructure the ownership of various companies, a measure which does not involve payment of brand royalty to the family members or their holding companies.
The family members heading the group s listed companies like
TVS Motor Company Ltd,
TVS Srichakra Ltd, Wheels India Ltd and others, in an identical letter, have intimated the respective Company Secretaries about the family decision and these were, in turn, filed with the stock exchanges. With the passage of time, various members of
TVS Group Family to rejig ownership in line with companies management daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.