TVS Holdings Boosts Home Credit India Stake to 80% with ₹527 Crore Investment

• TVS Holdings invested ₹526.79 crore in its subsidiary Home Credit India Finance Pvt Ltd (HCIFPL) by subscribing to additional equity shares.
• The investment increased TVS Holdings' total shareholding in HCIFPL to 80.39% through the allotment of over 22.91 crore equity shares.
• HCIFPL is an RBI-registered NBFC specializing in retail lending, offering consumer durable and cash loans.
• The additional investment aims to support HCIFPL's growth and maintain optimal capital adequacy levels.
• HCIFPL reported a turnover of ₹2,096.54 crore and a net loss of ₹530.04 crore for FY25.