TVS Motor Plans Fundraising Through Private Placement
TVS Motor Company will discuss raising funds via securities issuance on a private placement basis. During a board meeting on July 31, 2025, the company aims to approve the issuance of non-convertible debentures in series over time. TVS shares recorded a 0.8% drop on BSE.
- Country:
- India
TVS Motor Company has announced that its board will meet next week to discuss fundraising through the issuance of securities via private placement. The meeting, set for July 31, 2025, aims to consider a proposal for raising funds by issuing non-convertible debentures in several tranches over time.
According to the company's regulatory filing, the board seeks to explore opportunities that will facilitate better capital management and support future growth initiatives.
TVS shares concluded Friday's trading session with a 0.8% decrease, closing at Rs 2,774.85 per share on the Bombay Stock Exchange (BSE).
(With inputs from agencies.)
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