Corporate News     10-Jun-23
TVS Motor (Singapore) to acquire further 25% stake in Swiss E-Mobility Group
TVS Motor Company's subsidiary, TVS Motor (Singapore) has agreed to acquire an additional 25% stake in Swiss E-Mobility Group (Holding) AG (SEMG), Switzerland by way of purchase of shares from the existing shareholder.

SEMG is currently a subsidiary of TVS Motor (Singapore) Pte Ltd and the Company and consequent to the additional acquisition, SEMG will become a wholly owned subsidiary of TVS Motor (Singapore) and also the Company.

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