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Our Bureau

Chennai , March 8

TVS Finance and Services Ltd has announced that it intends to raise its authorised capital from Rs 74 crore to Rs 115 crore.

The company has called for an extraordinary general meeting on March 28 to seek shareholders' approval for the move.

In a notification to the BSE, TVS Finance has said that it would also issue 6 per cent, non-cumulative, non-convertible, redeemable preference shares to TVS Motor Company Ltd.

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