Ashok Leyland Invests In TVS Trucks: Ashok Leyland invests INR 24.95 cr in TVS Trucks to acquire 49.9% equity stake, ET Auto
Ashok Leyland Invests In TVS Trucks: TVS Trucks is a joint venture with TVS Mobility Private Limited, where it holds a majority stake of 50.1%, while Ashok Leyland now commands a 49.9% shareholding. This collaboration positions both the companies strategically in the competitive automotive sector.
Source: indiatimes.com