TVS Supply Chain Solutions shares rally 14% on signing MoU with Japan-based Sankyu

The strategic Memorandum of Understanding (MoU) aims to collaborate across supply chain and engineering services, creating a platform to unlock growth opportunities across key industrial sectors.

As part of the MoU, Sankyu intends to acquire an equity stake of 0.5% in TVS SCS subject to customary regulatory approvals. The collaboration will initially focus on opportunities in India, where both companies see significant potential to support manufacturing and industrial customers through a broader range of supply chain and engineering services.

In a regulatory filing, TVS SCS said that the partnership brings together its extensive supply chain capabilities, strong market presence and deep customer relationships with Sankyu’s engineering expertise, logistics capabilities and long-standing relationships across the Japanese industrial ecosystem.

By combining these, the companies will explore opportunities to deliver enhanced value through a broader portfolio of solutions spanning logistics, warehousing, transportation, engineering services, maintenance and on-site industrial support.

“This partnership represents an important step in our strategy to strengthen our capabilities and create greater value for customers. Sankyu's engineering expertise and deep relationships across the Japanese industrial ecosystem complement TVS Supply Chain Solutions’ integrated supply chain capabilities, strong customer relationships and market presence,” said R. Dinesh, Chairman, TVS Supply Chain Solutions.

Further, over time, the collaboration is expected to expand into other markets across Asia, the Middle East and Africa, leveraging the combined capabilities of both organisations. The companies will also explore opportunities in other global markets where both have an established presence, leveraging each other's capabilities to create additional value for customers.

TVS SCS also explained that to drive the collaboration, the companies will establish a joint steering committee comprising representatives from both organisations. The committee will identify growth opportunities, oversee strategic initiatives and support the development of integrated solutions aimed at delivering enhanced value to customers and other stakeholders.

“Our two companies possess a strong strategic alignment, and by integrating and complementing our respective strengths, we look forward to achieving collective growth in the global market and contributing to sustainable industrial development,” said Kimihiro Nakamura, President and CEO, Sankyu Inc.

Founded in 1918, Sankyu Inc. integrates logistics and engineering services and plays a vital role in underpinning the foundations of core industries such as steel and petroleum. With a strong operational base extending beyond Japan, Sankyu has established a significant presence across Asia, where it continues to contribute to industrial growth and supply chain excellence.

TVS Supply Chain Solutions share price

At 12:35 PM, TVS Supply Chain Solutions shares were trading at ₹136.76 apiece on the National Stock Exchange, gaining 12.62%.

The stock has climbed 14% so far since the beginning of 2026, while for the six-month period, it has jumped 13%.

Shares of the firm had hit a 52-week high of ₹146.50 on July 10, 2026, and a 52-week low of ₹90.32 on March 30, 2026.

According to NSE data, as of August 24, 2026, TVS Supply Chain Solutions has a total market capitalisation of ₹5,761.81 crore.