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TVS Motor hints at spinning off TVS Credit to unlock shareholder value

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TVS Motor hints at spinning off TVS Credit to unlock shareholder value Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google

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TVS Motor hints at spinning off TVS Credit to unlock shareholder value

TVS Motor hints at spinning off TVS Credit to unlock shareholder value Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.

Moneycontrol.com

TVS Motor Hints At Spinning Off TVS Credit To Unlock Shareholder Value

TVS Motor is considering spinning off its finance arm, TVS Credit, to unlock shareholder value and improve its financial performance. The company has hinted at this move in its latest quarterly earnings report, citing the need to separate its finance business from its core motorcycle and scooter business. TVS Credit provides financing to customers for the purchase of TVS Motor's vehicles, and the company believes that spinning it off would allow it to focus on its core business and improve its financial performance. The move is expected to be completed by the end of the year, subject to regulatory approvals.

Moneycontrol.com

TVS Motor Hints at Spinning Off TVS Credit

TVS Motor has hinted at spinning off its credit arm, TVS Credit, to unlock shareholder value. The move is seen as a way to increase the company's market value and attract more investors. The company has been facing financial challenges in recent years, and the spinning off of TVS Credit could provide a much-needed boost to its finances. The exact details of the plan are not yet available, but it is expected to be announced in the coming weeks.

Moneycontrol.com

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