1.TVS Holdings Ltd. 2. Srinivasan Trading Private Limited 3. Pi Opportunities Fund-Ii
A compact analysis
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Summary
Summary of the Proposed Combination in terms of Regulation 13(1A) of the Competition Commission of India (Procedure in regard to transaction of business relating to combinations) Regulations, 2011 as amended by the Competition Commission of India (Procedure in regard to transaction of business relating to combinations) Amendment Regulations, 2019.
- A. Names of the parties to the combination :
- TVS Holdings Ltd. ( TVSH )
- Srinivasan Trading Pvt. Ltd. ( STPL ); and
- PI Opportunities Fund-II ( PIOF ).
- TVSH, STPL, and PIOF are collectively referred to as ‘ Acquirers ’.
- B. The nature and purpose of the Proposed Combination :
- The ‘ Proposed Transaction ’ involves the proposed acquisition of 100% of the issued and paid-up share capital (on a fully diluted basis) of Home Credit India Finance Private Limited ( Home Credit ) by TVSH, STPL, and PIOF, in the following manner:
Case details
As recorded by the court registry
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