TVS Holdings

TVS Industrial & Logistics Parks on Tuesday announced the listing of its InvIT TVS Infrastructure Trust on the National Stock Exchange, raising over Rs 1,300 crore. According to the company, TVS Infrastructure Investment Trust issued 2,000 crore units, out of which units worth Rs 1,300 crore were subscribed by marquee global and domestic investors. The offering comprised a fresh issue of Rs 1,050 crore and an offer-for-sale of Rs 250 crore by an existing unitholder, it said. The Infrastructure Investment Trust (InvIT) offers a well-diversified tenant base of over 30 clients from various sectors, such as e-commerce, automotive, FMCG, electronics, pharmaceuticals, and manufacturing. Less than 50 per cent of its rental income comes from its top 10 tenants, ensuring stability and risk diversification, the company said. The InvIT has been seeded with approximately 11 million sq ft of warehousing and industrial assets valued at around Rs 3,000 crore, drawn from TVS ILP's broader 20 ...

Firm appoints three independent directors, including veterans from banking and consumer sectors, as it sharpens sectoral strategy and reinforces governance across portfolio companies

For the full financial year 2024-25, the company reported a 34 per cent increase in net profit to Rs 767 crore, compared to Rs 572 crore in 2023-24

The dividend payment will be made within a period of 30 days from the declaration of interim dividend, as provided in the Companies Act, 2013

Following the deal, together with TVS Credit, the Group is eyeing a lending book size of Rs 50,000 crore in the next three years

Starting at just twenty years old, Lakshmanan worked closely with TVS Motor founder TS Srinivasan (Cheema), mastering every nuance of the business operations - from legal contracts to labor relations

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