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Two trusts part of TVS Holdings promoter group pledge shares to fund stake buy

Srinivasan Trust has raised ₹560 crore from JM Financial Credit Solutions Ltd through two facilities of ₹165 crore and ₹395 crore, with 3,35,200 shares (equivalent to 1.66% of equity) offered as collateral

Two trusts part of TVS Holdings promoter group pledge shares to fund stake buy

We haven't written up this one. Hindu BusinessLine has the full story — the link below goes straight to it.

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