Sudarshan Venu family trusts raise Rs.825-Cr to up stake in TVS Holdings to 73%

Two trusts associated with the Sudarshan Venu family have raised INR 825-Cr through share pledges to acquire the remaining stake in TVS Holdings held by the Trichur Santhanam Sundaram (TSF) group. The transaction involved the pledging of shares representing 19.95% of the equity of TVS Holdings. The financing was provided by JM Financial Products and JM Financial Credit Solutions.This acquisition will increase the shareholding of Sudarshan Venu in TVS Holdings from 69.62% to 73.35%. This move marks the completion of the acquisition of the final 3% stake previously held by the TSF branch following the partition of the TVS Group.TVS Holdings acts as the holding company through which the Venu family maintains a controlling interest in TVS Motor Company, which operates in the automotive and financial services sectors. The company reported consolidated revenue of INR 20,183-Cr for the second quarter of FY27, representing a 39% increase compared to the previous year.