TVS Motor Company has approved the merger of its wholly owned subsidiary, Sundaram Auto Components Limited, simplifying corporate structure; Sundaram has a net worth of INR 156.90 Cr and a turnover of INR 421.72 Cr while TVS has a net worth of INR 8,877.25 Cr and a turnover of INR 17,603.83 Cr as of September 2024.