TVS Motor Company has increased its stake in its subsidiary, TVS Credit Services Limited, through an investment of ₹171.51 Cr. This investment involves the subscription and allotment of 29,11,235 additional equity shares at ₹10 each in TVS Credit. Following this investment, TVS Motor Company’s shareholding in TVS Credit has risen from 80.69% to 80.76% on a fully diluted basis.
Increased Investment in TVS Credit
TVS Motor Company has solidified its commitment to TVS Credit Services Limited by investing ₹171.51 Cr. This strategic move aims to bolster the capital adequacy ratio of TVS Credit and support its overall corporate objectives.
Details of Equity Share Allotment
The investment facilitated the allotment of 29,11,235 equity shares of TVS Credit to TVS Motor Company. These shares, priced at ₹10 each, will further integrate the financial services arm within the TVS ecosystem. The allotment was officially confirmed on November 3, 2025.
Impact on Shareholding
As a result of this investment, TVS Motor Company’s stake in TVS Credit Services Limited has seen a marginal increase. The company’s shareholding has risen from 80.69% to 80.76%, calculated on a fully diluted basis.
About TVS Credit Services
TVS Credit Services, a subsidiary of TVS Motor Company, operates as a non-deposit taking Non-Banking Finance Company registered with the Reserve Bank of India (RBI) since April 13, 2010. It provides financing solutions for a range of vehicles, including two-wheelers, tractors, used cars, and commercial vehicles, as well as consumer durables and MSME loans.
Financial Performance Overview
For the financial year ending March 31, 2025, TVS Credit Services reported a turnover of ₹6,626.10 Cr and a Profit After Tax (PAT) of ₹767.25 Cr. The company’s net worth stood at ₹4,947.92 Cr as of the same date.
Historical Turnover Data
TVS Credit Services has demonstrated consistent financial performance over the past three financial years:
| FY | Turnover (₹ in Cr) |
|---|---|
| 2024-25 | 6,626.10 |
| 2023-24 | 5,789.57 |
| 2022-23 | 4,147.00 |
Source: BSE
