TVS Holdings Ltd Increases Stake in Home Credit India Finance through Additional Equity Investment
TVS Holdings Limited has completed an additional investment in Home Credit India Finance Private Limited (HCIFPL), a subsidiary of the company, through a right issue offer. The transaction involved the subscription and allotment of 65,864,009 equity shares of HCIFPL to TVS Holdings Ltd on July 2, 2026.
The acquisition was made via cash consideration at a cost of Rs 26.78 per share, aggregating to Rs 176.38 Cr. This investment is intended to sustain and accelerate the current growth rate of HCIFPL. Following this additional acquisition, TVS Holdings Ltd maintains an 80.17% shareholding in HCIFPL.
Home Credit India Finance Private Limited (HCIFPL) operates as a middle layer non-deposit taking non-banking financial company registered with the Reserve Bank of India (RBI). The entity is engaged in providing loans to the retail segment, specifically for consumer durables and cash loans. HCIFPL utilizes both a point of sales (POS) model and an online model and also offers add on products through non-credit value added services.
The acquisition falls under a related party transaction, as HCIFPL is a subsidiary. One of the Promoter Group members, STPL Trading and Services Private Limited, holds 8.08% of the target entity. The transaction was conducted on an arm s length basis.
Details regarding the financial performance and background of Home Credit India Finance Private Limited are provided below:
| Particulars | Details |
|---|---|
| Target Company Name | Home Credit India Finance Private Limited (HCIFPL) |
| Business Focus | Non banking financial services, providing loans for consumer durables and cash loans. |
| Registered Office | TVR Pride, No 383, 16 th Main, 3rd Block, Koramangala, Bengaluru - 560 034 |
| Company Registration No | U65910KA1997PTC218378 |
| FY 2025-2026 Turnover | Rs 2,112.74 Crores |
| FY 2025-2026 Profit after tax | Rs 132.24 Crores |
| FY 2025-2026 Net worth | Rs 2,654.35 Crores |
| Previous Years Turnover | FY 2024 - 2025: Rs 2,096.54 Crores; FY 2023 - 2024: Rs 1,927.03 Crores |
TVSHLTD Stock Price Movement
Today, shares of TVS Holdings Limited climbed to close at ₹14,178 after gaining 2.81%. The stock was traded on a volume of 6,712 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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