Corporate News 08-Nov-23
TVS Motor (Singapore) hikes stake in Killwatt GmbH
TVS Motor Company announced that its subsidiary, TVS Motor (Singapore) has initiated an acquisition of 8,000 equity shares in Killwatt GmbH. With this, the shareholding of TVS Motor (Singapore) Pte Ltd in Killwatt GmbH will be increased from 25% to 39.28%, by way of newly issued shares of Killwatt GmbH.
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