NSEGeneral Updates8 Oct 2026 · 8 Oct 2026, 11:35 am

General Updates

TVS Srichakra Limited · TVSSRICHAK

✦ AI SummaryDebt Restruc.

TVS Srichakra Limited has informed the Exchange about realization of Investment upon Selective Capital Reduction by TASL Automobile Solutions Private Limited, a Promoter group company. The company received Rs. 34.44 Crore as cash consideration for its entire holding of 9,11,741 equity shares in TASL Automobile.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

TVS Srichakra Limited has informed the Exchange about realization of Investment upon Selective Capital Reduction by TASL Automobile Solutions Private Limited, Promoter group company

Attachments (1)

📄

TVSSRICHAK_08102026113453_Reg30Intimationfordisinvestment08102026.pdf

pdf

Download →
View document text
REF:TSL:SEC:2026/171 October 08, 2026 National Stock Exchange of India Ltd., BSE Limited 5th Floor, Exchange Plaza, P J Towers, Bandra (E), Dalal Street Fort, Mumbai - 400 051 Mumbai 400 001 Scrip Code: 509243 Scrip Code: TVSSRICHAK by Listing Centre by NEAPS Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Realization of Investment upon Selective Capital Reduction by TASL Automobile Solutions Private Limited Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), and in continuation of our earlier disclosure dated 28th November, 2024, regarding the intimation of the Company receiving 9,11,741 equity shares representing 7.58 % of the paid up equity share capital of TASL Automobile Solutions Private Limited ("TASL Automobile"), a Promoter Group Company TASL Automobile had initiated a Composite Scheme of Selective Capital Reduction under Section 66 read with relevant provisions of the Companies Act, 2013, pursuant to which non- promoter shareholders were provided an exit opportunity. The said scheme, as sanctioned by the Hon’ble National Company Law Tribunal (NCLT), Division Bench, Court – II, Chennai, became effective on 7th October, 2026. Consequent to the scheme becoming effective, TASL Automobile has yesterday remitted a total cash consideration of Rs. 34.44 Crore (at an exit price of Rs. 377.70 per equity share) to the Company. Accordingly, the Company’s entire holding of 9,11,741 equity shares in TASL Automobile stands fully cancelled and extinguished. Kindly take the above information on record. 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