TVS Supply Chain Solutions Limited disclosed an investment made by its wholly owned subsidiary, FIT 3PL Warehousing Private Limited (FIT 3PL), in Swamy & Sons 3PL Private Limited (Target Entity).

Transaction Details

FIT 3PL made a primary investment of ₹59,56,43,370 (Rupees Fifty Nine Crore Fifty Six Lakh Forty Three Thousand Three Hundred and Seventy Only) in Swamy & Sons 3PL Private Limited. This investment facilitated the allotment of 40,000 equity shares to FIT 3PL.

Transaction Structure

The investment is part of a definitive agreement for the proposed acquisition of 100% of the paid-up share capital of the Target Entity through a combination of primary and secondary acquisition of securities.

Acquisition Timeline

  • Tranche 1 (Completed): Subscription of 40,000 equity shares completed, resulting in FIT 3PL holding 80% of the paid-up share capital of the Target Entity.
  • Tranche 2 (Future): Acquisition of remaining share capital through secondary acquisition from founding shareholders to be completed on or before September 30, 2027. Upon completion, FIT 3PL will hold 100% of the Target Entity.

Target Entity Background

  • Name: Swamy & Sons 3PL Private Limited
  • Incorporation Date: November 28, 2025
  • Line of Business: Third Party Logistics (3PL) and Warehousing (upon purchase of Business Undertakings)
  • Country Presence: India
  • Background: Newly incorporated company formed by Swamy Sons Group (Hyderabad-based) to acquire business undertakings consisting of:
  • Swamy Sons (Agencies) Private Limited
  • Sovereign Enterprises (partnership firm)
  • Crystal Marketing Corporation (partnership firm)

Financials of Business Undertakings (Consolidated)

  • FY 2022-23: ₹215.4 crores
  • FY 2023-24: ₹210.3 crores
  • FY 2024-25: ₹207.1 crores

Transaction Rationale

  • Object: To facilitate business expansion and strengthen capabilities in Fast-Moving Consumer Goods (FMCG) and Fast-Moving Consumer Durables (FMCD)
  • Impact: Expected revenue and profit growth due to business expansion

Transaction Considerations

  • Not a Related Party Transaction: Promoters/promoter group have no interest in the transaction
  • Consideration Type: Cash consideration
  • Government Approvals: Not applicable