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R. N. Marwah & Co. LLP, Chartered Accountants Advises Ravindu Motors Private Limited on Sale of Auto Dealership Business to Toyota Tsusho Bharat Motor Private Limited

R. N. Marwah & Co. LLP, Chartered Accountants is pleased to announce its role, through its associate RNM Capital Advisors LLP, as the exclusive sell-side advisor to Ravindu Motors Private Limited in the successful sale of its auto dealership business unit to Toyota Tsusho Bharat Motor Private Limited.

The transaction marks a strategic milestone in the automotive dealership sector and was concluded after more than a year of rigorous engagement. RNM Capital Advisors LLP, associate of R. N. Marwah & Co. LLP, provided end-to-end advisory support throughout the transaction lifecycle, including financial and legal due diligence, tax advisory, business valuation, and commercial negotiation. The team worked closely with stakeholders on both sides to navigate complex regulatory, operational, and financial considerations, ensuring a smooth and well-structured deal process.

This transaction highlights the increasing consolidation trend within the Indian automotive retail industry and reflects the growing interest of established players in expanding their regional footprint. The successful closure of the deal underscores R. N. Marwah & Co. LLP’s strong capabilities, through its associate RNM Capital Advisors LLP, in handling complex mid-market M&A transactions. With a deep understanding of the sector and a client-first approach, RNM was able to deliver a tailored solution that aligned with the strategic objectives of both parties. The Indian automotive industry is poised for substantial growth, expected to reach US $ 300 billion by 2026, driven by strong government policy support and a projected record volume of five million passenger vehicle units (domestic and exports) in FY26 signalling immense potential in the automotive retail segment. We congratulate Ravindu Motors Private Limited on this important transition and thank them for their trust and collaboration throughout the process. We also extend our best wishes to Toyota Tsusho Bharat Motor Private Limited as they continue to strengthen their presence in the Indian automotive market. This engagement further reinforces R. N. Marwah & Co. LLP’s position as a trusted M&A partner, through its associate RNM Capital Advisors LLP, for entrepreneurs and businesses seeking strategic growth, investment, or exit opportunities.


14 October 2025

R.N. MARWAH & CO. LLP, Chartered Accountants