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Sudarshan Venu family trusts pledge TVS shares to fund TSF stake buy - The Economic Times
Sudarshan Venu's trusts have secured ₹825 crore through share pledges to acquire an additional stake in TVS Holdings. The acquisition will raise Sudarshan's stake to 73.35%, enhancing family ownership. Funds from JM Financial Products and JM Financial Credit Solutions will finance this transaction. TVS Holdings reported a 39% increase in consolidated revenue, demonstrating strong business performance. This realignment of ownership reflects Sudarshan's growing role in the groups future direction.
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