Corporate News     03-Feb-25
TVS Motor Company update on acquisition of minor stake in Killwatt GmbH
TVS Motor Company announced that its subsidiary, TVS Motor (Singapore), had acquired an additional 9.72% stake in Killwatt GmbH for a total consideration of EUR 4 million, whereby EUR 2 million had been paid on 29 February 2024.

Today, TVS Motor (Singapore), have paid EUR 1.6 million of the remaining EUR 2 million to Killwatt GmbH basis the completion of the specified pre-agreed milestone by Killwatt GmbH. The balance EUR 0.4 million will be at a later date, subject to the completion of a specific pre-agreed milestone by Killwatt GmbH.

Previous News
  TVS Motor Company
 ( Results - Analysis 29-Apr-25   09:45 )
  TVS Motor sides despite strong Q4 earnings; brokerages offer mixed outlook
 ( Hot Pursuit - 29-Apr-25   13:24 )
  TVS Motor Company consolidated net profit rises 67.49% in the March 2025 quarter
 ( Results - Announcements 28-Apr-25   21:45 )
  TVS Motor Company
 ( Analyst Meet / AGM - Conference Call 28-Apr-25   17:29 )
  TVS Motor gains after Q4 PAT climb 76% YoY to Rs 852 cr
 ( Hot Pursuit - 28-Apr-25   16:36 )
  TVS Motor Company to announce Quarterly Result
 ( Corporate News - 22-Apr-25   10:14 )
  TVS Motor set to strengthen its EV presence in Southeast Asia
 ( Corporate News - 04-Apr-25   19:11 )
  TVS Apache sells over 6 million units over last 20 years
 ( Corporate News - 03-Apr-25   16:02 )
  TVS Motor Company records 13% jump in FY25 sales volumes
 ( Corporate News - 01-Apr-25   18:31 )
  TVS Motor Company Q4 sales performance update
 ( Corporate News - 01-Apr-25   18:29 )
  TVS Motor Company records 17% growth in March sales
 ( Corporate News - 01-Apr-25   18:27 )
Other Stories
  Genesys International launches its new utility vertical — Telescape
  29-Apr-25   13:08
  Tamilnad Mercantile Bank revises Repo Linked Lending Rate to 9%
  29-Apr-25   13:04
  Effwa Infra & Research to announce Quarterly Result
  29-Apr-25   11:23
  Nila Spaces to conduct board meeting
  29-Apr-25   11:23
  Prataap Snacks schedules board meeting
  29-Apr-25   11:23
  HCL Technologies honoured with the Intel EPIC Supplier Award for 2025
  29-Apr-25   11:23
  Eternal to convene board meeting
  29-Apr-25   11:22
  Gamco declare Quarterly Result
  29-Apr-25   11:22
  Narbada Gems & Jewellery to hold board meeting
  29-Apr-25   11:22
  Sera Investments & Finance India to hold board meeting
  29-Apr-25   11:22
Back Top