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TVS Emerald and TVS VMC are both ultimately controlled by Mr. Sudarshan Venu, and the acquirer group is engaged in real estate development and trading. TVS VMC was incorporated in January 2026 and does not yet carry on business. PGIM AMC acts as asset management company to PGIM India Mutual Fund, as portfolio manager, as investment manager to a category III AIF and as investment adviser to foreign portfolio investors, while PGIM Trustees acts as trustee of the mutual fund.

Aurtus provides comprehensive tax and advisory services spanning direct tax, indirect tax, and international tax matters. Their expertise includes transaction structuring, M&A assistance, IPO advisory, GST compliance, transfer pricing, and specialized services for family offices and GIFT IFSC setups. The firm offers end-to-end solutions for corporate tax planning, dispute resolution, and regulatory compliance across domestic and cross-border transactions.

A foreign business can open a Liaison Office, Branch Office or Project Office in India, or it can set up an Indian subsidiary. Each option serves a different business purpose, and each carries its own corporate, foreign exchange and regulatory requirements.