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Explainer | A look at the TVS Group's proposed recast of holdings

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.

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A look at the TVS Group's proposed recast of holdings

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.

Tamil Nadu , Tv Sundaram Iyengar , Suresh Krishna , Gopal Srinivasan , Venu Srinivasan , Sundaram Clayton , Sundaram Industries , Madras Auto Service , Holding Companies , Sundaram Industries Private Ltd , Holding Companies In Sundram Fasteners , Holding Companie , Geeyes Family Holdings Pvt , Tv Sundram Iyengar Sons Ltd , Holdings Pvt , Motor Company , Madurai Alagar Enterprises Pvt , Sundaram Industries Private , Southern Roadways Private , Sundram Fasteners , Sundaram Brake Linings , Brake Linings , Madurai Alagar Enterprises , Geeyes Family Holdings , Sundaram Santhanam , Wheels India ,

TVS Group implements family arrangement - The Hindu BusinessLine

TVS Group implements family arrangement
January 27, 2021
Holding company transfers equity in listed entities to the respective family investment firms
TVS family members, who had announced plans on December 10 last year to align ownership with management of the various group companies, on Wednesday agreed on the methodology to execute it.
In a notification to the stock exchanges, various listed companies of the group detailed how they will carry out the process a composite scheme of amalgamation and arrangement that will be filed before the Chennai Bench of the National Company Law Tribunal (NCLT).
As a first step, the two holding companies Sundaram Industries Pvt Ltd and Southern Roadways Pvt Ltd will be amalgamated into TVS Sundaram Iyengar & Sons Pvt Ltd, another holding company. At the same time, businesses managed by various family members will be demerged into companies that are majority-owned by the respective families. ....

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