TVS Holdings520056Stake acquisition deal
TVS Holdings invests Rs. 483.91 Cr in Home Credit India Finance via rights issue; holding stays 74.45%
By ScoutQuest · · 1 min read
74.45%Shareholding in HCIFPL -acquisition
- Additional equity shares allotted
- ~12.55 crore equity shares of Rs. 10 each
- Issue price per share
- Rs. 38.55 per share
- Aggregate consideration / post-deal holding
- Rs. 483.91 Cr; shareholding remains 74.45%
- Target
- Home Credit India Finance Private Limited ("HCIFPL")
- Transaction
- Acquisition (additional equity shares in subsidiary via rights issue)
TVS Holdings invests Rs. 483.91 Cr in Home Credit India Finance via rights issue; holding stays 74.45%.
Date of incorporation HCIFPL
Allotment completed
Intimation to Company
Date of occurrence of event
Also from TVS Holdings
Subsidiary board approves scheme to merge wholly owned arm and demerge consumer finance business
28 Oct 2026
Promoters create encumbrance over ~16.76 lakh shares for ₹825 crore credit facilities
28 Oct 2026
Promoters pledge shares equal to 8.28% of equity as collateral for ₹825 crore loans
28 Oct 2026
More numbers
- Equity shares allotted in HCIFPL12,55,26,842
- Face value per equity shareRs. 10/-
- Shareholding in HCIFPL post-acquisition74.45%
- Price per shareRs. 38.55
- Total cost of acquisitionRs. 483.91 Cr.
- Promoter group member holding in target7.50%
- HCIFPL profit after tax FY2025-26Rs. 132.24 Crores
- HCIFPL net-worthRs. 2,654.35 Crores
- ConsiderationRs. 483.91 Cr.
Source: BSE · 2 Nov 2026
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