TVS Holdings Invests ₹526.79 Cr in HCIFPL

TVS Holdings allotted 22.91 crore additional equity shares of subsidiary Home Credit India Finance Private Limited on 28th March 2026.
Total cash consideration paid is ₹526.79 crore at ₹22.99 per share, raising TVS Holdings' stake in HCIFPL to 80.39%.
HCIFPL, a middle-layer NBFC, reported FY25 turnover of ₹2,096.54 Cr but posted a loss after tax of ₹530.04 Cr.
Investment aims to sustain HCIFPL's growth and maintain its capital adequacy at an optimum level.