Updates

TVS Venu Group's Home Credit India to Acquire Varthana Finance for ₹967 Crore

TVS Holdings' subsidiary Home Credit India has signed a definitive agreement to acquire education-focused NBFC Varthana Finance for ₹967 crore, expanding the TVS Venu Group's financial services portfolio.

TVS Emerald Signs Joint Development Agreement for ₹1,000 Crore Residential Project in Noombal, West Chennai

TVS Emerald has signed a Joint Development Agreement for a 4-acre land parcel in Noombal, West Chennai, with an estimated booking value of about ₹1,000 crore.

TVS Emerald Announces Upcoming High-Rise Project in Whitefield, East Bangalore — ~900 Units Across 12 Acres

TVS Emerald has announced a pre-launch residential project in the Whitefield corridor of East Bangalore, spanning approximately 12 acres with around 900 homes in 3 and 4 BHK configurations across G+19 high-rise towers. As of mid-2026, the project is in an early Expression of Interest (EOI) stage, with pricing and RERA registration yet to be published.

TVS Emerald Hosts First Luxury Home Debut for Luxor Project in Chennai

In December 2025, TVS Emerald held its first-ever luxury Home Debut event for the Luxor project in Chennai, giving buyers an exclusive first look at the bespoke residences. This marked a milestone for the developer's luxury segment in the Chennai market.

CCI Clears TVS Emerald's Acquisition of PGIM India Asset Management and Trustee Companies

The Competition Commission of India (CCI) approved TVS Emerald Limited and TVS Venu Management and Consultancy Services' acquisition of 100% of the share capital of PGIM India Asset Management Pvt. Ltd. and PGIM India Trustees Pvt. Ltd., marking TVS Group's entry into the mutual fund and wealth management sector. PGIM India AMC managed over ₹30,000 crore in assets across 25 open-ended mutual funds as of March 2026.

TVS Venu Group (Parent of TVS Emerald) to Acquire Up to 9.9% Stake in Jana Small Finance Bank

TVS Venu Group, the diversified promoter group that includes TVS Emerald, has agreed to acquire up to a 9.9% stake in Jana Small Finance Bank through warrants and a secondary purchase.

TVS Emerald Launches 'Altura' in Sathanur, North Bangalore — 975 Apartments Across 10 Acres

TVS Emerald launched its new residential project 'Altura' in Sathanur, North Bangalore on April 25, 2026, following Karnataka RERA registration on April 4, 2026. The project spans 10.06 acres with 12 towers housing 975 apartments (2 BHK and 3 BHK) on Bagalur Main Road, with possession targeted for March 2030.

TVS Emerald Altura Receives Karnataka RERA Registration Ahead of Public Launch

TVS Emerald Altura in Sathanur, North Bangalore obtained its Karnataka RERA registration on 4 April 2026, three weeks before the project's public launch on 25 April 2026. The RERA number is PRM/KA/RERA/1251/309/PR/040426/008572.

TVS Venu Group Signs Definitive Agreements to Acquire PGIM India Asset Management Business from Prudential Financial

In April 2026, TVS Venu Group — the parent entity that includes TVS Emerald — signed definitive agreements to acquire 100% of PGIM India Asset Management and PGIM India Trustees from US-headquartered Prudential Financial for an undisclosed sum. CCI subsequently cleared the transaction in June 2026.

TVS Emerald Launches Cascadia on Mission Road, Bangalore — 63 Ultra-Luxury 3 & 4 BHK Residences in Single Iconic Tower

TVS Emerald has launched Cascadia, an ultra-luxury residential project on Mission Road, Central Bangalore, offering 63 bespoke 3 and 4 BHK apartments across a single 22-storey tower on 1.1 acres. The project is RERA-registered (PRM/KA/RERA/1251/310/PR/180924/007033), IGBC Platinum Pre-Certified, and designed by globally renowned firm Perkins Eastman.

TVS Emerald Completes Three Strategic Land Acquisitions Across Bengaluru and Chennai Totalling 52.4 Acres

TVS Emerald announced three land acquisitions in RR Nagar and Rayasandra (Bengaluru) and Kattur (Chennai) totalling 52.4 acres, with a combined saleable area potential of approximately 2.39 million sq ft. The deals reinforce the company's stated ambition to reach a US$1 billion revenue milestone.

TVS Emerald Announces Major Upcoming Project on Pallavaram–Thoraipakkam Radial Road, Chennai

As part of its IFC investment disclosure in January 2026, TVS Emerald announced an upcoming large-scale residential project on the Pallavaram–Thoraipakkam Radial Road (PTR) in Chennai. The project will span 12 acres with 3–5 BHK apartments and carries an estimated revenue potential of ₹2,800 crore, with a launch planned in FY27.

TVS Emerald Secures ₹425 Crore Equity Investment from IFC to Fund Residential Expansion

TVS Emerald announced a ₹425 crore equity investment from the International Finance Corporation (IFC) on January 22, 2026, marking a significant capital milestone. The funds will be deployed across two upcoming residential projects in Chennai and Bengaluru set to launch in FY27, with a combined top-line potential of approximately ₹4,400 crore.