13,556.00 73.00(0.54%)
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TVS Holdings Limited (TVSHL) was originally incorporated as 'Sundaram-Clayton Limited' on May 24, 1962. The Company was manufacturing non-ferrous gravity and pressure die castings to automotive and non-automotive sector. Pursuant to the Scheme of Demerger, the Company's business of manufacturing activity (die castings) was transferred to Sundaram-Clayton Limited and the name of the Company was changed to 'TVS Holdings Limited' on July 17, 2023. Post the Composite Scheme of Demerger, Company is mainly into trading business of automotive components and investing activities. As per the conditions stipulated by RBI while according CIC Approval, the Company has wound up the Trading business of automotive components during the year.The Company received the Certificate of Registration dated 14 March, 2024 from the Reserve Bank of India (RBI) and commenced Non-Banking Financial activity thereon. Effective 01 October 2022, the Company categorised as NBFC-Middle Layer under the RBI Scale Based Regulation dated 22 October 2021.TVS Holdings, a part of the $6.5 billion TVS Group, has been one of the largest automotive and auto components manufacturing and distribution groups in India. The Company manufactures non-ferrous gravity and pressure die castings. It has 4 manufacturing plant...