Ashok Leyland invests INR 24.95 cr in TVS Trucks to acquire 49.9% equity stake


TVS Trucks is a joint venture with TVS Mobility Private Limited, where it holds a majority stake of 50.1%, while Ashok Leyland now commands a 49.9% shareholding. This collaboration positions both the companies strategically in the competitive automotive sector.

Read more at : economictimes

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