NSEAcquisition2 Jul 2026 · 2 Jul 2026, 05:40 pm

Acquisition

TVS Holdings Limited · TVSHLTD

✦ AI Summaryacquisition

TVS Holdings Limited has acquired an additional 6,58,64,009 equity shares of Home Credit India Finance Private Limited (HCIFPL) at Rs. 26.78 per share, aggregating to Rs. 176.38 Cr. The Company's shareholding in HCIFPL remains at 80.17%.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

TVS Holdings Limited has informed the Exchange about Acquisition

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SUNCLAYLTD_02072026173947_TVSHHCIFInvestment02072026SGD.pdf

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TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 2nd July 2026 BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Bandra-Kurla Complex, Mumbai 400 001. Bandra (E), Mumbai 400 051. Scrip code: 520056 Scrip code: TVSHLTD Dear Sir/Madam, Reg. : Compliance under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we hereby inform that on 2nd July 2026, TVS Holdings Limited (“the Company”) has subscribed to and has been allotted an additional 6,58,64,009 equity shares of Rs. 10/- each in Home Credit India Finance Private Limited (“HCIFPL”), a subsidiary of the Company pursuant to a right issue offer made to the Company. The aggregate cost of this additional investment exceeds the materiality threshold specified under sub-clause (c) of clause (i) of Regulation 30(4), hence this disclosure is being made in compliance with Clause A(1)(ii)(c) of Part A of Schedule III of the SEBI LODR Regulations. However, the Company’s aggregate holding in HCIFPL remains at 80.17%. Further, the details of the acquisition as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 are provided in Annexure 1 enclosed herewith. Date and time of occurrence of event: 2nd July 2026, 1:00 PM Thanking you, Yours faithfully, For TVS Holdings Limited R Raja Prakash Company Secretary Encl: a/a Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792 TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 ANNEXURE 1 Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) Disclosure for Acquisition of shares: Details S. No Particulars Name of Target Company: Home Credit India Finance Private Limited (“HCIFPL”) Details of Target: Registered Office: TVR Pride, No. 383, 16th Main, 3rd Block, Koramangala, Bengaluru - 560 034 Company Registration No. : U65910KA1997PTC218378 Home Credit India Finance Private Limited (HCIFPL) is a Name of the target entity, details non-deposit-taking non-banking financial company 1 in brief such as size, turnover etc. registered with the Reserve Bank of India (RBI) and has been categorised as a middle layer NBFC. HCIFPL is engaged in providing loans to the retail segment for consumer durables and cash loans. It also offers add on products in the form of non-credit value-added services. HCIFPL operates through the point of sales (POS) model and online model. During the year 2025-26, HCIFPL generated a turnover of Rs. 2,112.74 Crores. Profit after tax of Rs. 132.24 Crores and had a net-worth of Rs. 2,654.35 Crores. Yes, this acquisition would fall within related party transaction as HCIFPL is a subsidiary company. Whether the acquisition would fall within related party transaction(s) STPL Trading and Services Private Limited, one of the and whether the promoter/ members of Promoter Group holds 8.08% of the target promoter group/ group companies entity. 2 have any interest in the entity being acquired? If yes, nature of The transaction was undertaken on an arm’s length interest and details thereof and basis, with equity shares issued to the Company at the whether the same is done at same price and on same terms as those offered to other “arm’s length” shareholders, based on the fair valuation of HCIFPL as approved by its Board. Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792 TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 Details S. No Particulars Industry to which the entity being 3 Non-banking financial services acquired belongs Objects and effects of acquisition (including but not limited to, disclosure of reasons for The additional investment is made towards sustaining acquisition of target entity, if its and accelerating the current growth rate of HCIFPL. business is outside the main line of business of the listed entity) Brief details of any governmental 5 or regulatory approvals required No approvals required. for the acquisition Indicative time period for The allotment 6,58,64,009 equity shares of HCIFPL has completion of the acquisition been completed on 2nd July 2026. Consideration - whether cash 7 consideration or share swap or any Cash consideration other form and details of the same Cost of acquisition and/or the price 8 Rs. 26.78 per share aggregating to Rs. 176.38 Cr. at which the shares are acquired The Company has acquired an additional 6,58,64,009 Percentage of shareholding / equity shares of HCIFPL. Post the additional acquisition, 9 control acquired and / or number the shareholding of the Company in HCIFPL remains at of shares acquired 80.17%. Home Credit India Finance Private Limited (HCIFPL) is a non-deposit-taking non-banking financial company registered with the Reserve Bank of India (RBI) and has been categorised as a middle layer NBFC. HCIFPL is Brief background about the entity engaged in providing loans to the retail segment for acquired in terms of products/line consumer durables and cash loans. It also offers add on of business acquired, date of products in the form of non-credit value-added services. incorporation, history of last 3 10 HCIFPL operates through the point of sales (POS) model years turnover, country in which and online model. the acquired entity has presence and any other significant Date of incorporation: 1 October 1997 information (in brief). Turnover of last 3 years: FY 2025 – 2026: Rs 2,112.74 Crores FY 2024 – 2025: Rs 2,096.54 Crores FY 2023 – 2024: Rs 1,927.03 Crores Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792