On January 27, the principal named members of the TVS family decided to implement the Family Memorandum of Understanding (MOU), through a composite plan of merger and arrangement to be filed with National Company Law Tribunal (NCLT) Chennai Bench.

The MFA will include the merger of TV Sundram Iyengar & Sons Pvt. Ltd., Sundaram Industries Pvt. Ltd., Southern Roadways Pvt. Ltd., and Trichur Sundaram Santhanam & Family Pvt. Ltd., said family members of the TVS Group.

Recall that on December 10, the descendants of the TVS family, shareholders of the TVS group holdings, agreed to subscribe to the terms of the AMF mainly to establish friendship and maintain goodwill between the members of the family.

Group companies including Sundram Fasteners Ltd., TVS Motor Company Ltd., Sundaram Clayton Ltd., TVS Srichakra Ltd. and TVS Electronics Ltd., announced the decision of family members to complete the arrangement.

You hit your free item limit this month.

Membership benefits include

Today’s paper

Find a mobile version of daily newspaper articles in an easy-to-read list.

Unlimited access

Enjoy reading as many articles as you want without any limitations.

Personalized recommendations

A shortlist of items that match your interests and tastes.

Faster pages

Switch easily from one article to another, as our pages load instantly


A one-stop-shop to see the latest updates and manage your preferences.


We keep you informed of the most recent and important developments, three times a day.

Support quality journalism.

* Our digital subscription plans currently do not include e-paper, crossword puzzles, and printing.