TVS Holdings invests more in HCIFPL

TVS Holdings Limited (formerly known as Sundaram-Clayton Limited) has picked up an additional 9,46,04,717 equity shares of Rs10 each in its subsidiary Home Credit India Finance Private Limited (HCIFPL).

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The allotment of 9,46,04,717 equity shares of HCIFPL was completed on 27 June 2025.  The allotment was done at Rs 12.85 per share aggregating to Rs 121.57 crore.

Following the proportionate subscription by all the existing shareholders of Home Credit, the shareholding of TVS Holdings in Home Credit continues to remain at 81.04% post the said investment.

HCIFPL is engaged in the business of providing unsecured loans. It is one of the leading players in the consumer financing market and the personal loans segment. During the year 2024-25, HCIFPL generated a turnover of Rs 2,096.54 crore. It reported a loss after tax of Rs 530.04 crore and net-worth of Rs 1,583.04 crore.

STPL Trading and Services Private Limited, one of the members of promoter group, holds a stake 8.17% in HCIFPL.

The additional investment is made towards sustaining and accelerating the current growth rate of HCIFPL and to maintain capital adequacy at an optimum level, according to a company filing with the stock exchange.

 

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