TVS Motor to buy further stake in DriveX for ₹98 cr
TVS Motor Company, a leading manufacturer of two- and three-wheelers, announced that it will acquire an additional 39.11 per ...
India Infoline4d
TVS Motor Acquires Additional 39.11% in DriveX Mobility
TVS Motor Company plans to buy an additional 39.11% stake in DriveX Mobility Pvt Ltd for ₹97.78 crore, raising its total ...
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TVS Motor to acquire 39.11% stake in DriveX Mobility for ₹97.8 crore
Upon completion of the transaction, DriveX will become a subsidiary of TVS Motor. DriveX, a company primarily engaged in the ...
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The company's export volumes also surged, with a 24.8 per cent increase to 28,633 units compared to 22,950 units last year, ...
The Hindu4d
TVS Motor to acquire further 39.11% stake in DriveX
TVS Motor Company has agreed to acquire further 39.11% stake from the existing shareholders of DriveX Mobility Pvt. Ltd., for a cash consideration of ₹97.78 crore. With this acquisition, TVSM stake ...