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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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