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Sudarshan Venu family trusts pledge TVS shares to fund TSF stake buy

Sudarshan Venu's trusts have secured 825 crore through share pledges to acquire an additional stake in TVS Holdings. The acquisition will raise Sudarshan's stake to 73.35%, enhancing family ownership. Funds from JM Financial Products and JM Financial Credit Solutions will finance this transaction. TVS Holdings reported a 39% increase in consolidated revenue, demonstrating strong business performance. This realignment of ownership reflects Sudarshan's growing role in the groups future direction.

3 Nov 2026 1:10 am