Corporate News 26-Mar-24
Board of TVS Supply Chain Solutions approves conversion of loan to equity in its overseas subsidiary
At meeting held on 25 March 2024
The Board of TVS Supply Chain Solutions at their meeting held today 25 March 2024, has given authorization for conversion of pre-existing inter-company loans to equity in its wholly owned overseas subsidiary, TVS Logistics Investments UK, inorder to strengthen the capital structure, improve profitability and facilitate business growth. This transaction does not involve any fresh infusion of capital.
Previous News
TVS Supply Chain Solutions allots 5.65 lakh equity shares under ESOP
( Corporate News - 17-Oct-23 11:25 )
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Board of TVS Supply Chain Solutions approves conversion of loan to equity in its overseas subsidiary
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