TVS Motor subsidiary completes Engines Engineering acquisition

TVS Motor Company Limited's subsidiary, TVS Motor (Singapore) Pte Ltd, has completed the acquisition of 1,000,000 equity shares, representing 100% of the share capital, in Engines Engineering S.p.A from ACT S.r.l. This acquisition was finalized on October 3, 2025, following an initial agreement disclosed on September 25, 2025.

Consequent to this transaction, Engines Engineering S.p.A has become a wholly owned subsidiary of TVS Motor (Singapore) Pte Ltd, effective October 3, 2025. This development is considered a material event under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The completion occurred on October 4, 2025, at 05:05 AM (IST). This strategic move expands TVS Motor Company's operational footprint through its Singapore-based subsidiary.