TVS Mobility, led by TS Rajam and his family, has secured a deal with various lenders to obtain Rs 1,800 crore in debt through a three-tranche loan structure. The funds will be allocated for debt reduction and capital expenditures across its closely-held companies. The first tranche of Rs 300-350 crore comes from Standard Chartered Bank, while the second tranche of approximately Rs 800 crore includes contributions from Nomura. The third tranche, ranging from Rs 600-650 crore, involves a consortium of lenders, including ICICI Prudential AIF, Kotak Fund, and Axis AIF, with interest rates between 13-15%.