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TVS Motor Company on Friday said its board will next week consider and approve raising of funds via the issue of securities on a private placement basis.
The company, at its board meeting scheduled to be held on July 31, 2025, proposes to consider and approve a proposal to raise funds by issuing non-convertible debentures on a private placement basis in one or more tranches/series over a period of time, it said in a regulatory filing.
TVS shares ended 0.8 per cent down at Rs 2,774.85 apiece on BSE.