Mumbai, Sept. 26 :    Mumbai, Sept. 26:  The marriage was on the rocks, but few believed Suzuki and TVS had drifted so far apart. The doubts were laid to rest when joint venture TVS Suzuki told stock exchanges today that its board would meet on Thursday to decide if they can hold together. The communication to bourses said the board will consider developments over the possible amicable settlement of the differences between Suzuki Motor Corporation and TVS, 'including the possibility of the Japanese major's disengagement from the company both as a shareholder and a licensor'. Suzuki holds 25.9 per cent in the joint venture. Reports about the possible split sent TVS Suzuki's shares into a tailspin on the BSE as investors agonised over the consequences of the separation. The share plunged a whopping Rs 18.15 to Rs 72.80 at the close on volumes of over 46,500. The scrip has hit a year's low of Rs 70.80, and a high of Rs 224; the stock has been trading mostly between Rs 75 and Rs 90 over the past two months. Reports about the fractious relations between the TVS Group and joint venture partner Suzuki Motor Corp first surfaced about a year ago when the going got tough for two-wheeler makers. Matters reached a head last month when it was reported that Suzuki Motor was in talks with Bajaj Auto to bring out scooters. Suzuki Motor has an agreement with the TVS Group to make motorcycles which runs till 2007. The talk of a possible 'disengagement' with Suzuki raises some tough questions for TVS Suzuki which will have to then find a partner soon which will be able to offer new models in a highly competitive market. Just two weeks ago, Venu Srinivasan, TVS Suzuki's chairman and managing director had asserted on a SIAM meeting in Delhi that the reports of a tieup with Bajaj Auto would not affect its ties with Suzuki. Suzuki has a deal with Kawasaki under which the two Japanese giants will join forces to compete in the global arena. Kawasaki, which is Bajaj Auto's partner in a motorcycle venture, was reported to have offered a Suzuki scooter model to Bajaj Auto. At that time, Srinivasan had said: 'The Kawasaki deal has nothing to do with Indian two-wheeler company. Bajaj may have a deal with Kawasaki separately but that in no way is going to affect Suzuki's deal with us. We have no fears about Suzuki pulling out of the existing joint venture.' 'It is not going to affect them much', an analyst affiliated to a FII broking house said.