NSECopy of Newspaper Publication1d ago · 17 Sept 2026, 02:23 pm
Copy of Newspaper Publication
Talbros Automotive Components Limited · TALBROAUTO
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Talbros Automotive Components Limited has informed the Exchange about Copy of Newspaper Publication regarding Addendum to the Notice of 69th Annual General Meeting of the Company.
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Talbros Automotive Components Limited has informed the Exchange about Copy of Newspaper Publication regarding Addendum to the Notice of 69th Annual General Meeting of the Company
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talb I'@S Talbros Automotive
Components Ltd.
www.talbros.com
17" September, 2026
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C-1, G Block
Dalal Street Bandra Kurla Complex, Bandra (East)
Mumbai — 400 001 Mumbai — 400 051
Scrip Code: 505160 Symbol: TALBROAUTO
ub: Submission of copies of Newspaper Publications regarding Addendum to the Notice
of 69" Annual General Meeting of the Company.
Dear Sir/ Madam,
Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we hereby enclose copies of the newspaper advertisement
published in the Business Standard (English and Hindi) newspapers on 17™ September, 2026,
regarding “Addendum to the Notice of 69" Annual General Meeting” of the Company.
You are requested to take the above on your records.
Thanking You.
Yours faithfully
For Talbros Automotive Components Limited
Seema Narang
Company Secretary & Compliance Officer
Encl: As above
regd. Office : 14/1, mathura road, faridabad-121003 haryana, india . ph: + 91 129 2275434/35/36/37 . fax : +91 129 2277240, 2272263 . e-mail: talbros@talbros.com
CIN : L29199HR1956PLC033107
12 TAKE TWO
NEW DELHI | THURSDAY, 17 SEPTEMBER 2026 BUISINESS Standard
Volkswagen’s
Volkswagen’s Taigun Beyond India
Y BVR Subbu, former president of
Hyundai MotorsIndiaand nowa
‘board memberand advisor in aclutch of
autocompanies,said the JSW approach
of growth with acquisition of techno-
tryst with India . logies and competencies isawell-
thought-out strategy. “A Volkswagen
involvement at this stage will help bring
theirproductstomarket at least 15
months earlier than from a greenfield —
andatasignificantly lower cost.”
Thereare many possibilities in sucha
tie-up. Subbu said JSW could usea VW
Newby JSW hopes to tap VW technology, and the German giant wants India platform, restyle, reskin, and
rebadge it with Indian and Chinese
to dobetter in a market where it is a bit player. Could it be a win-win? vehicle engineering partners and intro-
duceaworld-standard product in the
‘market. “And ifthey engineer VW’sID
SURAJEET DAS GUPTA made-in-India carsexported toother sense.” For JSW, too, thedeal is (which isabranding for itselectric
countries inthe same period. logical: It hasalready honed its skills
New Delhi, 16 September vehicle range) into it, they could
inthepassenger car businessin the past potentially start exportingit to the EU
‘With a market share of just over 2 per Joiningup three years through ajoint venture in and helVWp tocompete with Chinese
cent, the Volkswagen group has To getoutofthe impasse, the German whichithasast percent stake with MG ‘products effectively.”
How they
remaineda relatively small player in firm lastweekannouncethdat it was sig- Motors, part of the Chinese giant SAIC
'VW’s Polo electric car, whichis made
India’s hyper-competitive, 4.6-million- ninga non-binding memorandum of ‘group. “JSW group currently has collab- in Germany, has beena ragingsuccess
stack up
‘per-annum passenger carmarket. understandingt o explorea strategic part- orations with only Chinesecompanies with 30,000 bookingsand a 10-month
Of course, the German behemoth, nership with the JSW group — thelatest likeSAICand Chery for products and waiting period in Europe, even though
‘whichentered the country in2002 with entrantin the passenger car business. technology, whose modelsitis bringing % of total domestic deliveries have not started yet. With
the Skoda brand, has tried to up theante. Theideais to improve “competitiveness to India. By partnering Volkswagen it will passenger car sales manufacturing costs in Indiaatleast3 5
The 2009 launch of the Volkswagen Polo and profitability” in the world’s third-lar- mitigate the risk of dependingonly on per cent lower than in Europe, India
—the firstaffordable product toroll out gestcar market. the Chinese,”said Gupta. = Volkswagen group* could well become a hub for exports,
of its Pune plant — saw the carmaker While nodetails have been given out Thatisanimportant consideration s = JSWMG Motors leveraging the India-EU free trade agree-
announce an ambitious plan to grab officially, the buzz s that JSW will takea JSW’s attempt to get Chinese cell tech- = Maruti Suzuki ‘ment. But that is easier said thandone as
10 per cent of the domestic market in majority5 1 per cent stake in ajoint ven- nologyand setupa plantin the country = TataMotors*™ itcould be a politically sensitive matter.
fourto sixyears. ture, with Volkswagen keeping the rest— hasnot worked outsofar. There is mounting concern over German
But plaguedby slow localisation, though detailed talks onvaluation have Rather, it hasbeen scouting foran Hyundai carmakers potentially losing their ecge
problemswith consumer service and the onlyjust begun. alternative, includingsetting up a facility in the domestic, European and global
‘global impact ofan alleged scandal over Puneet Gupta, director, Indiaand inSouth-easAsti aand thenshippingthe S *o Vu or lce k: s waS gia em n markettoChina.
emission norms, itwas forced to restruc- Aseanautomotive market at S&P Global, batteriestoIndia. group includes Shifting production to China hasalso
ture its business 10 years later, merging said: “Itsawin-win for both. Volkswagen SkodaAuto India sparked fears of job lossesin Germany.
itsthree separate companies inIndiato doesnotwant to further invest in alow- Tightspot a Inn dd i a Vo Pyl tk s Lw ta d;g en AddingIndiatothe list of cheap
tryand optimise local product develop- ‘priority market like Indiaasthe volumes For Volkswagen, the urgency of finding a
** Tata Motors car manufacturers could meet with
mentand savecosts. are very low — its concentration isin solution toits India play isunderstand- August data is strong opposition.
Italso dramatically pared downits China, theUSand Europe whereitis able. Globallyitisin atight spot. It has not available FY27 (il August) Indias price advantage isunder-
ambition toas per cent marketshareby losingits marketshare. Butunlike Ford lostits long-held number one positionin scored by suggestthait othen sJS W
2025. Eventhat plan fell flat. In 2026 and General Motors, whichjust closed Chinato BYDin retail car salesand ts groupwithtsthree companies — the
between April-August, thelatest period operations and left, it wantstocontinue overall marketshare has shrunk. Italso small cars for emerging marketslike accessingtechnology and offer MGjointventure,MJotSoWrs and the
forwhich figures have been releasedb y to have atoehold in the Indian market, faces atough challenge in Europe from Indiabutendedup embroiled in a bitter customers multiple powertrains VW-JSW group.(iJf Vth e deal happens)
the Society for Indian Automobile Manu- whichis growingand has a potential Chinese car companies. Inthe USithasa legal battle. Suzukialleged that Volk- andmodelsT.he plan istochoosethe — could consolidate ts need for auto
facturers, or Siam, ithad a market share upsidethey don’twant tomiss outon. So mere 4per cent ofa 16-million-per- swagenwithheld promised green and brands relevant tothe country and the components and together negotiate a
of only 2.10 per cent. Thisis less than its getting JSW as amajority parter makes annum market. On September3, the hybrid technology while the Germans cost parameters, bring them in quickly better price from suppliers. For instance,
supervisory board of the company were peeved that Suzuki had tied upwith andsimultaneously localise production. thethree companies could consolidate
cleared aturnaround plan till 2030, Fiat for diesel engines. Ithas successfully done this with its JV theirpaint and assembly operations to
‘which entails cutting 100,000 jobs, halv- Again, in2017, itsigned an MoU with with MG Motors, makingitthethird save costs.
JSW-MG ingits model portfolio and closing many ‘Tata Motors to develop affordable largestEV playerin the country after Atop executiveof anauto component
Motor’s ofits plantsin Germany — w
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