TVS Motor Company Limited has acquired 1,13,37,297 equity shares of TVS Credit Services Ltd (TVSCS), a subsidiary of the company, from Lucas-TVS Limited constituting 4.39 per cent of the paid-up share capital in TVSCS for an aggregate consideration of ₹711 crore (cash consideration).With this, the shareholding of TVS Motor in TVS Credit will increase from 80.76 per cent to 85.15 per cent (on a fully diluted basis), as per a stock exchange filing by TVS Motor on Tuesday.The acquisition is proposed to consolidate the company’s stake in TVS CS by acquiring the shares held by the other shareholders and is expected to streamline ownership and facilitate operational efficiencies, says the filing.TVS Credit offers diverse lending products such as automobile finance, consumer durable loans and small business loans.During the period ended March 31, 2026, it generated a turnover of ₹7,191 cr with PAT of ₹913 cr and a net worth of ₹6,068 crore, the filing said.At the time of filing this report, the share price of TVSM on the BSE was trading at ₹3971.95, up by ₹96.35 (2.49 per cent)Published on July 28, 2026