Page 12 - Mobility Group News Today

Eaton's has combined its Vehicle Group and eMobility businesses under its Mobility Group to focus on solutions for ICE and EV vehicles.

Eaton has renamed its Vehicle Group and eMobility businesses as its Mobility Group. Pete Denk (Photo: Supplied) The two groups will continue to report

The much-awaited listing of TVS Supply Chain Solutions shares will take place on the BSE and NSE on August 24, as per the IPO schedule

The SME (small and medium enterprise) segment will remain busier than the mainboard as it will have three public issue debuts and three listings on SME platforms.

TVS Supply Chain Solutions IPO | The Chennai-based logistic solutions provider intends to mobilise Rs 600 crore via fresh issue and the rest Rs 280 crore by an offer for sale (OFS). Total 22 shareholders are offering their shares in the OFS.

TVS Supply Chain Solutions will make its debut on the BSE and NSE on August 24, as per IPO schedule.

TVS Supply Chain Solutions IPO | The offer comprises a fresh issuance of shares worth Rs 600 crore by the company, and an offer for sale of Rs 280 crore by 22 selling shareholders including Omega TC Holdings, and Tata Capital Financial Services.

TVS Supply Chain Solutions IPO | The TVS Mobility Group company has finalised allocation of 2.01 crore equity shares to anchor investors. These shares were allocated at a price of Rs 197 per share.

Basis of allotment will be on August 22 and the equity shares will be credited to depository accounts of allottees on August 23. The stock will be listed on exchanges on August 24.

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