Acquiring Company
TVS Motor Company Limited
Acquired Company
STPL Trading and Services Private Limited
ChennaiBengaluruManufacturingAutomotiveFinancial ServicesFinanceLendingBankingDescription
TVS Motor Company Limited has approved the acquisition of the entire stake in STPL Trading and Services Private Limited for ₹530.08 crore, in a related party transaction. The board meeting held on October 28, 2026 authorised a Sale and Purchase Agreement. STPL will become a wholly owned subsidiary, indirectly increasing TVS Motor's holding in TVS Credit Services Limited by about 2.4% after the proposed Home Credit merger, with completion expected by December 31, 2026.
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Frequently asked
Who acquired STPL Trading and Services Private Limited?
STPL Trading and Services Private Limited was acquired by TVS Motor Company Limited, based in Chennai. The deal was reported on October 28, 2026. TVS Motor Company Limited is an India-based two and three-wheeler manufacturer globally. The company supports progress through sustainable mobility with four manufacturing facilities located in India and Indonesia. TVS Motor Company Limited is privately held and operates in Manufacturing.
When did TVS Motor Company Limited acquire STPL Trading and Services Private Limited?
TVS Motor Company Limited's acquisition of STPL Trading and Services Private Limited was reported on October 28, 2026. TVS Motor Company Limited has approved the acquisition of the entire stake in STPL Trading and Services Private Limited for ₹530.08 crore, in a related party transaction. The board meeting held on October 28, 2026 authorised a Sale and Purchase Agreement. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does STPL Trading and Services Private Limited do?
STPL Trading and Services Private Limited is a trading and services company incorporated on August 23, 2017. Its principal asset is a 7.5% equity stake in Home Credit India Finance Private Limited, a non-banking financial company. It is privately held, operating in Financial Services, and is based in Bengaluru.
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