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TVS Chairman Emeritus Venu Srinivasan's family inks non-compete pact

The TVS Motor Company announced on Friday that family members of Chairman Emeritus Venu Srinivasan had reached an agreement to refrain from competing with one another and from using specific trademarks, including TVS, in specific business areas.

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TVS chairman Venu Srinivasan's family inks pact to avoid future business, trademark tussles

This MoU doesn't in any way impact the company's business adversely, and its ability to continue its business as currently conducted today is not impacted, the group said.

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