Acquisition / mergerNotableFiled on BSE ·

TVS Motor board approves Harita ARC acquisition and composite scheme with demerger

TVS Motor Company Ltd · Automobiles

What the filing says

  • Acquired 100% of Harita ARC Limited (TVSM WOS) from TVS Credit Services Limited for Rs. 25,000/- in cash, with completion stated as 28th October 2026.
  • Composite scheme provides for amalgamation of wholly owned TVS Motor Services Limited into TVS Motor with no consideration, subject to statutory and tribunal approvals.
  • Demerger into TVSM WOS gives 1 share for every 1 TVS Motor share, 47,50,87,114 shares in total once the scheme is effective, subject to approvals.

Why it's rated notable: The filing states the turnover of the demerged undertaking (Rs. 3,921 Crore) but no value of the demerger, and the Scheme remains subject to NCLT, SEBI and exchange approvals, so the level stays at medium.

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.