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TVS Motor Co Ltd Updates On Dis-Investment Of Majority Stake In TVS Energy Limited And Cessation Of Two Subsidiaries


Friday, 16 Aug 2013 06:55am EDT 

TVS Motor Co Ltd announced that with reference to the earlier announcement dated August 08, 2013, the Company has dis-invested 73,500,000 equity shares of TVS Energy Limited, a subsidiary company (TVS Energy) constituting 90.46% of share capital of TVS Energy to Green Infra Limited, New Delhi. Consequently, TVS Energy and subsidiaries, viz., TVS Wind Power Limited and TVS Wind Energy Limited, cease to be subsidiaries of the Company effective August 16, 2013. 

Company Quote

178.0
0.7 +0.39%
5:59am EDT