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TVS elders to execute family arrangement pact

TVS elders to execute family arrangement pact Updated: Updated: MFA to include amalgamation of firms Share Article MFA to include amalgamation of firms Senior nominated members of the TVS family on January 27 decided to implement the memorandum of family arrangement (MFA), through a composite scheme of amalgamation and arrangement to be filed with the National Company Law Tribunal, (NCLT) Chennai Bench. The MFA will include amalgamation of T.V. Sundram Iyengar & Sons Pvt. Ltd., Sundaram Industries Pvt. Ltd., Southern Roadways Pvt. Ltd., and Trichur Sundaram Santhanam & Family Pvt. Ltd., TVS group family members said. It may be recalled that on December 10, scions of the TVS family, who are shareholders of the TVS group’s holding companies, agreed to subscribe to the terms of the MFA primarily to bring about amity and maintain goodwill among members of the family.

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$8 5 billion TVS Group restructures ownership of group companies, to scrap holding company

$8.5 billion TVS Group restructures ownership of group companies, to scrap holding company IANSDec 11, 2020, 08:20 IST BCCL Chennai, The members of $8.5 billion TVS family on Thursday decided to restructure the ownership of various companies, a measure which does not involve payment of brand royalty to the family members or their holding companies. The family members heading the group s listed companies like TVS Motor Company Ltd, TVS Srichakra Ltd, Wheels India Ltd and others, in an identical letter, have intimated the respective Company Secretaries about the family decision and these were, in turn, filed with the stock exchanges. With the passage of time, various members of

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Family-owned TVS Group changes ownership model, splits businesses

Family-owned TVS Group changes ownership model, splits businesses
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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TVS Group Family to rejig ownership in line with companies management

TVS Group Family to rejig ownership in line with companies management
daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.

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$6 5-billion TVS Group To Rearrange Family Shareholding In Group Companies

The present shareholders of the TVS Holding Companies primarily consist of the third and fourth generations of the founder, TV Sundaram Iyengar

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