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An announcement from TVS Motor Company Limited ( (IN:TVSMOTOR) ) is now available.
TVS Motor Company disclosed that Altizon Inc., USA has ceased to be an associate of its step-down wholly-owned subsidiary, TVS Digital Pte Ltd, and consequently of the company itself, following a fresh issue of shares by Altizon to its promoters. This share issuance reduced TVS Digital’s stake in Altizon from 20.064% to 10.489%, effective 23 January 2026, triggering a reclassification of the investment and indicating a reduced strategic and accounting influence over Altizon within TVS Motor’s wider digital and technology portfolio.
More about TVS Motor Company Limited
TVS Motor Company Limited is a leading Indian two-wheeler and three-wheeler manufacturer, operating in the automotive industry with a focus on motorcycles, scooters, and related mobility solutions. The company has a global presence and leverages subsidiaries and associates, including digital and technology-focused entities, to support its broader mobility and innovation strategy.
Average Trading Volume: 21,292
Technical Sentiment Signal: Buy
Current Market Cap: 1718.1B INR
Find detailed analytics on TVSMOTOR stock on TipRanks’ Stock Analysis page.