BSEInsider Trading / SAST2d ago · 23 Sept 2026, 02:42 pm

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for TSF Investments Ltd

Wheels India Ltd · 590073

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TSF Investments Ltd has acquired 10,26,694 equity shares of Wheels India Ltd, increasing its stake to 27.81% from 25.01%. The acquisition was made on September 21, 2026.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Wheels India Ltd - 590073 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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SEC:21: 26-27/TS/23.09.2026 To To National Stock Exchange of India Limited, BSE Limited, The Manager, Listing Department, The Corporate Relationship Department, “Exchange Plaza”, C-1, Block G, 1st Floor New Trading Wing, Bandra-Kurla Complex, Bandra (E), Rotunda Building, Mumbai – 400 051 Phiroze Jeejeebhoy Towers, Dalal Street, Symbol: TSFINV Mumbai – 400 001 Sub: Disclosure under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI SAST Regulations) Dear Sir/Madam, In compliance of the disclosure requirements under Regulation 29(2) read with Regulation 29(3) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find enclosed herewith the disclosure in the prescribed format in relation to the acquisition of 10,26,694 equity shares of Wheels India Limited by TSF Investments Limited on September 21, 2026. Kindly take the same on record. Thanking you, Yours truly, For TSF Investments Limited S. Kalyanaraman Secretary & Compliance Officer TSF INVESTMENTS LIMITED (formerly known as Sundaram Finance Holdings Limited) Regd. Office: 21, Patullos Road, Chennai – 600 002, India CIN: L65100TN1993PLC025996 Ph: +91 44 2888 1311 www.tsfinvestments.com Disclosures under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Wheels India Limited Name(s) of the acquirer and Persons TSF Investments Limited Acting in Concert (PAC) with the acquirer Whether the acquirer belongs to Yes, TSF Investments Limited is a Promoter/Promoter group Promoter of Wheels India Limited NSE (NSE Symbol – WHEELS) Name(s) of the Stock Exchange(s) where and the shares of TC are Listed BSE (Scrip code – 590073) Details of the acquisition / disposal as Number % w.r.t.total % w.r.t. total follows share/voting diluted capital share/voting wherever capital of applicable(*) the TC (**) Before the acquisition under consideration, holding of: a) Shares carrying voting rights 61,09,914 25.01% 25.01% b) Shares in the nature of encumbrance - - - (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares - - - d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) - - - e) Total (a+b+c+d) 61,09,914 25.01% 25.01% TSF INVESTMENTS LIMITED (formerly known as Sundaram Finance Holdings Limited) Regd. Office: 21, Patullos Road, Chennai – 600 002, India CIN: L65100TN1993PLC025996 Ph: +91 44 2888 1311 www.tsfinvestments.com Details of acquisition/sale: a) Shares carrying voting rights 10,26,694 2.80% 2.80% acquired/sold b) VRs acquired /sold otherwise than by - - - shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to - - - receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked/released - - - by the acquirer e) Total (a+b+c+d) 10,26,694 2.80% 2.80% After the acquisition/sale, holding of: a) Shares carrying voting rights 71,36,608 27.81% 27.81% b) Shares encumbered with the acquirer - - - c) VRs otherwise than by shares - - - d) Warrants/convertible securities/any other instrument that entitles the acquirer to - - - receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 71,36,608 27.81% 27.81% Mode of acquisition / sale (e.g. open market / off market / public issue / rights issue / Preferential allotment of equity shares preferential allotment / inter-se transfer etc). Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of 21-09-2026 shares, whichever is applicable Equity share capital / total voting capital of 2,44,33,012 the TC before the said acquisition / sale Equity share capital / total voting capital of 2,56,65,043 the TC after the said acquisition / sale Total diluted share/voting capital of the TC 2,56,65,043 after the said acquisition TSF INVESTMENTS LIMITED (formerly known as Sundaram Finance Holdings Limited) Regd. Office: 21, Patullos Road, Chennai – 600 002, India CIN: L65100TN1993PLC025996 Ph: +91 44 2888 1311 www.tsfinvestments.com (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Yours truly, For TSF Investments Limited S. Kalyanaraman Secretary & Compliance Officer TSF INVESTMENTS LIMITED (formerly known as Sundaram Finance Holdings Limited) Regd. Office: 21, Patullos Road, Chennai – 600 002, India CIN: L65100TN1993PLC025996 Ph: +91 44 2888 1311 www.tsfinvestments.com