TVS Supply Chain Solutions Ltd to sell 4.5% stake in TVS Industrial and Logistics Parks Pvt Ltd

TVS Supply Chain Solutions Ltd has approved the proposal for sale of 4.5% equity stake in TVS Industrial and Logistics Parks Private Limited ("TVSILP"), an associate company of the Company. In this connection, the Company has today entered into a definitive agreement for sale of the aforesaid stake. The completion of the transaction is subject to certain consents and other formalities.

Shares of TVS Supply Chain Solutions Limited was last trading in BSE at Rs. 217.05 as compared to the previous close of Rs. 211.50. The total number of shares traded during the day was 285972 in over 5036 trades.

The stock hit an intraday high of Rs. 221.35 and intraday low of 213.25. The net turnover during the day was Rs. 62549183.00.

Source : Equity Bulls

Keywords

TVSSupplyChainSolutions INE395N01027 LogisticsSolutionProvider StakeSale TVSIndustrialandLogisticsParks