TVS SCS Thailand: TVS SCS (Siam) Limited is a wholly owned subsidiary of the company in Thailand and has not been carrying out any business operations during the last Financial Year. The said subsidiary is a dormant company with nil turnover. The dissolution is under the process, not yet completed, the company said.
The ₹880-crore initial public offering of TVS Supply Chain Solutions was subscribed 2.78 times earlier this month. The issue received bids for 69.9 million shares against an offer size of 25.1 million shares.
Sebi has passed a second interim order against the Brightcom Group, restraining Suresh Kumar Reddy and Narayan Raju from holding any directorial positions until further notice.