Shares Bazaar

TVS Holdings gains on raising Rs 650 crore via NCDs

The NCDs are listed on the National Stock Exchange of India

TVS Holdings is currently trading at Rs. 13721.00, up by 66.85 points or 0.49% from its previous closing of Rs. 13654.15 on the BSE.

The scrip opened at Rs. 13833.70 and has touched a high and low of Rs. 14073.05 and Rs. 13415.70 respectively. So far 615 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 16150.00 on 18-Nov-2025 and a 52 week low of Rs. 7755.00 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 14100.00 and Rs. 13338.35 respectively. The current market cap of the company is Rs. 27920.30 crore.

The promoters holding in the company stood at 74.45%, while Institutions and Non-Institutions held 12.98% and 12.56% respectively.

TVS Holdings has raised Rs 650 crore through the allotment of 65,000 Senior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 1 lakh each on private placement basis to the identified investors. These NCDs carry an 8.10% interest rate payable annually, with maturity scheduled for June 24, 2029. The NCDs are listed on the National Stock Exchange of India (NSE). 

TVS Holdings, formerly known as Sundaram-Clayton, is an Indian automotive components company, based in Chennai. Part of the TVS Group, it makes aluminium and magnesium castings for the automotive industry.