TVS Srichakra Limited (TSL) is acquiring 5,00,000 (Five lakhs) equity shares in M/s ZF Electronics (TVS) India Private Limited, through its wholly-owned subsidiary, M/s TVS Srichakra Investments Limited. Further, by this acquisition of the above shares, M/s ZF Electronics (TVS) India Pvt. Limited will become a subsidiary of TVS Srichakra Investments Limited.