TVS Supply Chain Solutions has announced the closure of its dormant step-down subsidiary, Transtar International Freight Sdn. Bhd., located in Malaysia. This action is part of an effort to streamline dormant entities within the group. The subsidiary had no material impact on TVS SCS. The closure was effective as of January 27, 2026.
Subsidiary Rationalization
TVS Supply Chain Solutions (TVS SCS) has finalized the voluntary liquidation of Transtar International Freight Sdn. Bhd., a step-down subsidiary based in Malaysia. This decision reflects a broader strategy to streamline and rationalize dormant entities within the company’s organizational structure.
Details of the Closure
The subsidiary, Transtar International Freight Sdn. Bhd., was dormant and, therefore, did not contribute significantly to the consolidated financials of TVS Supply Chain Solutions. The effective date of closure is January 27, 2026.
Financial Impact
The closure of Transtar International Freight Sdn. Bhd. had a Nil impact on the turnover, revenue, income, and net worth of TVS Supply Chain Solutions. This emphasizes that the subsidiary was dormant, with no financial activity.
Source: BSE
