NSECapacity addition17 Oct 2026 · 17 Oct 2026, 12:23 pm
Capacity addition
TVS Srichakra Limited · TVSSRICHAK
✦ AI Summary▲ PositiveExpansion
TVS Srichakra Limited has informed the Exchange about capacity addition through line balancing and debottlenecking initiatives at its manufacturing units in Madurai (Tamil Nadu) and Uttarakhand. The company will invest Rs. 49.20 Crores to undertake these initiatives, which will be brought on stream in phases starting from January 2027. The additional capacity will be approximately 6-7% of the existing capacity.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
TVS Srichakra Limited has informed the Exchange about Capacity addition
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TVSSRICHAK_17102026122250_Reg_30_Intimation_for_Capacity_enhancement.pdf
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REF:TSL:SEC:2026/173 October 17, 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: TVSSRICHAK Scrip Code: 509243
by NEAPS by Listing Centre
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board
of India (Listing Obligations and Disclosures Requirements) 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Company will
be making additional capital expenditure of Rs. 49.20 Crores to undertake line balancing and
debottlenecking initiatives including argumentation of curing capacity at its Madurai (Tamil
Nadu) and Uttarakhand manufacturing facilities. The approval for the aforesaid expenditure
was granted by the Managing Director on 17th October 2026 under her delegated authority.
The detailed disclosures as required under Regulation 30 of the SEBI Listing Regulations,
read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, are enclosed herewith as Annexure 1.
Kindly take the above information on record.
Thanking you
Yours faithfully
for TVS SRICHAKRA LIMITED
Chinmoy Patnaik
Company Secretary & Compliance Officer
Membership No. A14724
Encl.: As above
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 1
Line balancing and debottlenecking initiatives at Company’s Manufacturing Units
Located at Vellaripatti, Madurai and Rudrapur, Uttarakhand
Sr. No. Particulars Details
1. Existing Manufacturing Capacity 340 to 350 lakhs tyres per annum (Approx)
2. Existing Capacity Utilization 85 – 90% capacity utilisation.
3. Proposed Capacity Addition 6 - 7% (approx.)
4. Period within which the proposed The additional capacity will be brought on
capacity is to be added stream in phases starting from January 2027
5. Investment required Rs. 49.20 Crores
6. Mode of financing A mix of debt and equity
7. Rationale To meet the growing demand for the
Company’s 2/3-wheeler tyres
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