Acquisition

REF:TSL:SEC:2026/126 19th July 2026 National Stock Exchange of India Ltd., BSE Limited 5th Floor P J Towers Exchange Plaza Dalal Street Bandra (E), Fort, Mumbai - 400 051 Mumbai 400 001 Scrip Code: TVSSRICHAK Scrip Code: 509243 by NEAPS by Listing Centre Sub: Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”). Dear Sir/Madam, In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, it is hereby informed that TVS Sensing Solutions Private Limited, a step-down wholly owned subsidiary of TVS Srichakra Limited ("the Company"), has, pursuant to the approval accorded by its Board of Directors at its meeting held on 19th July 2026, entered into a Share Purchase Agreement with G-Power Energy & Technology Private Limited for acquisition of 5,100 equity shares constituting 51% of the paid-up equity share capital of Weber Drivetrain Private Limited.. The details required under regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are furnished in Annexure A. This is for your information and records. Thanking you Yours faithfully for TVS SRICHAKRA LIMITED Chinmoy Patnaik Company Secretary & Compliance Officer (Membership No. A14724) TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300 Annexure A (Information about Investee/Target Company) Sr. No Particulars Details a. Name of the target entity, details in Name of Target Company: Weber brief such as size, turnover etc. Drivetrain Private Limited (“Weber”) Details of Target Company: Weber has an Authorized Capital - Rs. 15,00,000 and Issued/ Subscribed / Paid up capital - Rs. 1,00,000/- (10,000 Equity Shares of Rs.10/-each). Weber (CIN: U74999TN2022PTC149026) deals with Electric Motors & Controls for EV Vehicles. The turnover during the FY 26 is Rs. 14.17 Cr. (Please refer below point no. J for more details) b. Whether the acquisition falls within related party transaction(s) and No whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arm’s length". c. Industry to which the entity being acquired belongs (including but not Auto Ancillary limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) d. Objects and impact of acquisition Electronics Capability Building (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity). TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300 e. Brief details or any governmental or None regulatory approvals required for the acquisition. f. indicative time period for completion 6 months from the execution date of the of the acquisition Share Purchase Agreement i.e. from 19.07.2026. g. Consideration- whether cash Cash consideration or share swap or any other form and details of the same h. Cost of acquisition and/or the price at Rs. 1, 43, 00,000 (Rupees One crore and which the shares are acquired. Forty Three lakhs only) i. Percentage of shareholding / control 51% Share Holding (5100 Equity Shares acquired and / or number of shares of nominal value of ₹10 each). acquired. j. Brief background about the entity Weber is a Pune-based EV technology acquired in terms of products/line of company specialized in the designing, business acquired, date of developing, testing and manufacturing incorporation, history of last 3 years electric motors and controllers. turnover, country in which the acquired entity has presence and any Weber supports OEMs with end-to-end other significant information (in brief). vehicle integration solutions under the “Make in India” initiative. Weber was incorporated on 5th day of January 2022. Turnover details are given below: Financial Year Amount In Rs. crores FY26 14.17 FY25 11.65 FY24 13.48 TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300