T V Sundram Iyengar & Sons Limited Risk Report

⚖️ Legal & Regulatory

The TVS Group has recently been involved in significant restructuring efforts that reflect its legal and regulatory considerations. These moves, primarily related to company structure adjustments, indicate a proactive approach to comply with legal requirements and adapt to a changing business landscape. The company's actions suggest a strategy of ensuring regulatory compliance and optimizing its corporate governance.

• The TVS family started a company ownership rejig process, filing a composite scheme of arrangement at NCLT 🗓 2021-01-28.
• TVS Group untangled cross-holdings as part of their ownership restructuring 🗓 2020-12-11.
• TVS Group filed a scheme of amalgamation involving holding companies 🗓 2021-02-11.

🏗️ Operational & Business Continuity

Operational continuity at TVS Group has been underscored by strategic acquisitions and partnerships. A significant move was acquiring the remaining stake in Brakes India, reflecting a focus on consolidating resources and streamlining operations. These efforts emphasize ensuring consistent operational capabilities across its subsidiaries.

• Complete acquisition of Brakes India's joint venture partner's shareholding 🗓 2021-06-23.
• ZF sold its 49% stake in Brakes India to TVS Group companies 🗓 2021-06-26.
• TVS Group untangles cross-holdings to ensure seamless operations 🗓 2020-12-11.

📜 Innovation & R&D

Innovation remains a focal point for TVS Group as it aims to maintain its competitive edge in the automotive industry. The company is active in forming partnerships to drive forward innovative vehicle solutions, illustrating its commitment to advancing its R&D initiatives.

• Mitsubishi partnered with TVS Mobility to provide integrated vehicle mobility solutions in India 🗓 2024-02-19.

🏅 Awards & Recognition

TVS Group has been recognized for its business excellence, which underscores its commitment to high standards and impactful contributions to the industry. Such recognition serves as validation of the company's dedication to operational excellence and innovation.

• TVS Group was featured in the Business Excellence Awards 🗓 2024-01-12.