TVS Supply unit invests ₹59.56 crore in Swamy & Sons 3PL
Published on: May 22, 2026, 10:53 p.m. | Source: scanx.trade
TVS Supply Chain Solutions' subsidiary, FIT 3PL Warehousing Private Limited, invested ₹59.56 crore in Swamy & Sons 3PL Private Limited to acquire an 80% stake. The acquisition targets business expansion in the FMCG and FMCD sectors, with the remaining 20% stake to be acquired by September 30, 2027. The target entity's business undertakings reported a turnover of ₹207.1 crores for FY 2024-25.
