Hot Pursuit     12-Sep-23
TVS Holdings appoints Sudarshan Venu as MD
TVS Holdings announced that it has appointed Sudarshan Venu as managing director (MD) of the company effective from 11 September 2023 for a period of five years.
Venu is the MD of TVS Motor Company. He is also the chairman of TVS Credit Services, the non-banking finance arm of the group. He is also on the board of the company from 2 September 2011.

TVS Holdings (formerly known as Sundaram Clayton) manufactures non-ferrous gravity and pressure die castings.

The company reported 22.8% rise in consolidated net profit to Rs 196.44 crore on 23.5% increase in net sales to Rs 9,468.18 crore in Q1 FY24 over Q1 FY23.

The scrip fell 0.16% to currently trade at Rs 5,600 on the BSE.

Previous News
  TVS Holdings consolidated net profit rises 81.13% in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   17:35 )
  Sundaram Clayton consolidated net profit declines 2.19% in the March 2022 quarter
 ( Results - Announcements 06-May-22   16:29 )
  Sundaram Clayton consolidated net profit declines 89.85% in the March 2020 quarter
 ( Results - Announcements 29-May-20   15:16 )
  Sundaram Clayton consolidated net profit rises 9.18% in the September 2019 quarter
 ( Results - Announcements 18-Oct-19   17:44 )
  Sundaram Clayton reports standalone net loss of Rs 3.81 crore in the June 2017 quarter
 ( Results - Announcements 08-Aug-17   17:18 )
  Sundaram-Clayton gains after Q2 PAT rises 43% YoY
 ( Hot Pursuit - 07-Nov-22   14:37 )
  TVS Holdings allots NCDs aggregating Rs 650 cr
 ( Corporate News - 07-Jun-24   18:11 )
  Sundaram Clayton fixes record date for 2nd interim dividend
 ( Market Beat - Reports 16-Feb-17   15:01 )
  Volumes soar at Bombay Burmah Trading Corporation Ltd counter
 ( Hot Pursuit - 27-Aug-19   14:30 )
  Sundaram Clayton announces cessation of CEO
 ( Corporate News - 02-May-18   11:30 )
  Board of Sundaram Clayton recommends Interim Dividend
 ( Corporate News - 27-Jan-23   10:26 )
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