TVS Logistics Services Ltd (TVSLSL) has picked up 51 per cent stake in White Data Systems India Pvt Ltd (WDSI), a subsidiary of the Rs.329-billion Murugappa Group’s financial services firm Cholamandalam Investment and Finance Company Ltd (Chola). TVSLSL would invest around Rs.422 million for 51 per cent equity stake directly in WDSI.
TVS Logistics Services buys 51% stake in Chola’s WDSI for Rs.422 million
Date posted: Friday 21 September 2018