Date:24/03/2005 URL: http://www.thehindubusinessline.com/2005/03/24/stories/2005032402300200.htm

Back TVS Motor to invest Rs 40 cr in TVS Finance

Our Bureau

Chennai , March 23

TVS Motor Company will invest Rs 40 crore in TVS Finance and Services Ltd, by subscribing to the latter's non-cumulative, non-convertible, redeemable preference shares.

TVS Finance will hold an extraordinary general meeting on March 28 to seek shareholders' approval for the move.