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TVS Supply Chain Solutions Converts Loan to Equity in US Subsidiary

TVS Supply Chain Solutions Converts Loan to Equity in US Subsidiary

August 29, 2025 / 15:02 IST
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TVS Supply Chain Solutions Limited has converted its pre-existing inter-company loan (including interest) into equity in TVS Logistics Investment USA Inc., a wholly-owned subsidiary. This move is aimed at strengthening the capital structure, improving profitability, and facilitating business growth. The transaction does not involve any fresh infusion of capital.

 

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The conversion involves $14,824,425 (₹123.45 Crores) being converted into 89,845 equity shares at a valuation of $165 per share.