Auto components manufacturer Sundaram Clayton Ltd. (SCL) has been renamed TVS Holdings Ltd. (TVSH)
This follows the amalgamation of TVS Holdings Pvt. Ltd. with SCL effective June 16.
An application for the change of name was filed by SCL with the Registrar of Companies, Chennai and the name change was approved. The Articles and Memorandum of Association stand amended accordingly, it said in a regulatory filing.
TVSH is the promoter of TVS Motor Co. in which it holds 50.26%.
Shares of the company rose ₹130.45, or 2.65%, to close at ₹5052.35 on the BSE on Wednesday.
