TVS Holdings Ltd promoters disclose share pledges securing ₹825 crore in credit facilities from JM Financial entities
- VS Trust’s facility is ₹265 crore; Srinivasan Trust’s is ₹560 crore.
- Proceeds are intended to fund acquisition of shares in a group company and related transaction costs.
- VS Trust pledged 13,40,600 TVS Holdings shares on 27 October 2026; total estimated security is 16,75,800 shares, including a pledge to be created by Srinivasan Trust.