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TVS Motor

By Gurleen Bajwa , 19 June 2025
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True North Exits Zydus Wellness with Rs. 879 Crore Block Deal as PPFAS Steps In; TVS Motor Raises Stake in Supply Chain Arm

Mumbai-based private equity firm True North has fully exited its investment in Zydus Wellness, selling its remaining 7.27% stake for Rs. 879 crore via a block deal on the National Stock Exchange. The stake was acquired by PPFAS Mutual Fund, reflecting growing institutional interest in the consumer health segment. Separately, TVS Motor Company increased its holding in TVS Supply Chain Solutions from 4.37% to 5.26% in a Rs. 57 crore transaction, purchasing shares offloaded by NBFC Authum Investment & Infrastructure.

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