TVS Supply Gains 8% as TVS Motor Buys Stake in Block Deal
Based on the National Stock Exchange (NSE) block deal figures, TVS Motor Company acquired 20 lakh shares of TVS Supply Chain Solutions for ₹128.86 per share on 17 Feb 2025. Through a sale by , the ₹25 crore purchase was done.
This is the second recent stake purchase by TVS Motor. Previously, on February 13, 2025, the firm had purchased 67.10 lakh shares, worth a 1.52% stake, for ₹107 crore through an open market transaction. The shares were bought at an average price of ₹159.42 per share. Authum Investment & Infrastructure, on the other hand, sold a 1.13% stake for ₹80 crore.
Post these acquisitions, the total promoter stake in rose to 4.36% in February 2025 from 2.39%. The promoters and the promoter group retain a majority stake of 43.04%, with 56.96% in public shareholders’ hands.