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NCLT Approves Amalgamation of TVS Investments and TVS Electronics

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NCLT Approves Amalgamation of TVS Investments and TVS Electronics

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The latest update is out from TVS Electronics Limited ( (IN:TVSELECT) ).

The National Company Law Tribunal in Chennai has approved the amalgamation scheme between TVS Investments Pvt Ltd and TVS Electronics Limited. This merger is expected to streamline operations and potentially enhance market positioning for TVS Electronics, with the appointed date for the scheme set as April 1, 2023, and the effective date pending further procedural completions.

More about TVS Electronics Limited

TVS Electronics Limited operates in the electronics industry, focusing on providing electronic products and services. The company is known for its market presence in electronics manufacturing and solutions.

Average Trading Volume: 28,093

Technical Sentiment Signal: Strong Buy

Current Market Cap: 10.12B INR

For an in-depth examination of TVSELECT stock, go to TipRanks’ Overview page.

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