TVS Supply Chain Solutions Limited has infused fresh capital into its wholly owned US-based subsidiary, TVS Logistics Investments Inc., by allotting equity shares worth Rs 283.78 crore. The investment is aimed at supporting the subsidiary’s working capital and cash flow requirements.
As per the filing dated March 29, 2025, the transaction was carried out through cash consideration, with shares priced at $110 each. Following this move, TVS Logistics Investments Inc. continues to remain a wholly owned subsidiary of the company.
The subsidiary, incorporated in the United States on December 10, 2010, operates in the storage, warehousing, freight transportation, and land transport services domain. Over the past three financial years, the company has shown consistent growth with a turnover of:
-
FY24: Rs 7,961.77 million
-
FY23: Rs 7,061.99 million
-
FY22: Rs 3,761.92 million
The cross-border investment complies with the Foreign Exchange Management Act (FEMA), 1999, and Overseas Investment Guidelines, 2022, under the automatic route.
This strategic infusion underlines TVS Supply Chain’s commitment to strengthening its global operations, especially in North America, by ensuring financial stability and operational scalability.
Disclaimer: The information provided in this article is based on official disclosures made by the company to stock exchanges. It is intended solely for informational purposes and should not be construed as financial or investment advice. Stock market investments are subject to market risks. Readers are advised to consult with a qualified financial advisor before making any investment decisions. Neither the author nor the publication is responsible for any losses incurred based on the information provided.
