TVS Supply Chain Solutions Limited (TVS SCS) has announced a significant development regarding its wholly owned subsidiary, FIT 3PL Warehousing Private Limited (FIT 3PL). Following an earlier board approval dated December 09, 2025, for additional funding to support business expansion, FIT 3PL has now allotted equity shares to TVS SCS. This move is part of a broader strategy to facilitate business growth within the logistics industry, with the acquisition expected to reach completion by September 2027.

The transaction involves a cash consideration of ₹59.56 Crores for the acquisition of 2,20,609 equity shares at a price of ₹2,700 per share. This acquisition is conducted on an arm’s length basis, and the promoters or promoter group have no interest in the entity being acquired. FIT 3PL, which reported a turnover of ₹133.18 Crores as of March 31, 2025, will continue to operate as a wholly owned subsidiary of TVS SCS, strengthening the company’s service capabilities and regional depth.

TVS Supply Chain Solutions is a global leader in supply chain management, consistently focusing on customer-centric and technology-driven logistics. During 2025, the company achieved several milestones, including the inauguration of a highly automated 225,000-square-foot facility in Iowa to support North American growth. The company also launched “ieX,” a next-generation platform for delivery precision, and extended key partnerships with organizations like LEVC to support their iconic black cab fleet. Additionally, the company was recognized with “Partner-level status” by John Deere for the second consecutive year, underscoring its commitment to operational excellence.

The company’s financial performance reflects its ongoing transformation and commitment to margin expansion. In the third quarter of fiscal year 2025-2026, TVS Supply Chain Solutions reported a revenue of ₹2,724.08 Crores, marking an 11.04% increase compared to the same period in the previous year and a 1.84% growth on a quarter-on-quarter basis. Net profit for the same period stood at ₹10.72 Crores, reflecting a significant 143.49% increase year-on-year, though this represents a 31.46% decline compared to the previous quarter. The company continues to attract attention for its strategic business pivots, and its ownership structure includes various entities within the established TVS Group.