Outcome of Board Meeting

TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 28th October 2026 BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Bandra-Kurla Complex, Mumbai 400 001. Bandra (E), Mumbai 400 051. Scrip code: 520056 Scrip code: TVSHLTD Dear Sir(s)/Madam, Subject : Unaudited Standalone and Consolidated financial results for the quarter ended 30th September 2026 (limited reviewed) Reference : Our letter dated 16th October 2026 In terms of the provisions of Regulation 30 (read with Part A of Schedule III), 33, 51 and 52 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), the Board of Directors at its meeting held today, have inter-alia, considered and approved the Unaudited Standalone and Consolidated financial results for the quarter ended 30th September 2026. In this regard, we are enclosing the following: a. The detailed format of the unaudited financial results submitted as per Regulations 30 and 52 of the Listing Regulations; b. Limited Review Report on the Standalone and Consolidated Financial Results pursuant to Regulations 33 and 52 of the Listing Regulations; c. Ratios in terms of Regulation 52(4) of the Listing Regulations; d. A statement in terms of Regulations 52(7) and 52(7A) of the Listing Regulations; and e. Security Cover Certificate in terms of Regulation 54 of the Listing Regulations. The meeting of the Board of Directors commenced at 3.30 P.M. and concluded at 4.45 P.M. Thanking You, Yours faithfully For TVS Holdings Limited R Raja Prakash Company Secretary Encl: a/a Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792 N.C.RAJAGOPAL & CO. 22, Krishnaswamy Avenue Luz Church Road, Mylapore, Chartered Accountants Chennai 600 004. Independent Auditor's Limited Review Report on the Unaudited Standalone Financial Results for the Quarter and Half Year Ended 30th September 2026 of the Company pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirement), 2015, as amended Review report to The Board of Directors TVS Holdings Limited INTRODUCTION 1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of TVS Holdings Limited (the "Company") for the Quarter and Half Year ended 30th September, 2026, ("the Statement"), attached herewith, and being submitted by the Company pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended (the 'Listing Regulations'). MANAGEMENT RESPONSIBILITY 2. This Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting' ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Our responsibility is to issue a report on the Statement based on our review. SCOPE OF REVIEW 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. ~ Chennai, Salem and Erode @ www.ncrajagopal.com ~ (+91) (044) 2499 1569 2499 3056 / 2499 1095 CONCLUSION 4. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the applicable Indian accounting standards ("IND AS") prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 & 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) including the manner in which it is to be disclosed, or that it contains any material misstatement. For N.C Rajagopal & Co Chartered Accountants Firm Regn No:003398S Arjun S (Partner) Place: Chennai Membership No: 230448 Date: 28.10.2026 UDIN:26230448EUSQBF6897 TVS HOLDINGS LIMITED (Formerly known as Sundaram-Clayton Limited) Regd office: "Chaitanya", ,No.12, Khader Nawaz Khan Road, Nungambakkam, Chennai 600 006 Tel: 044-2833 2115, Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792 STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2026 (Rs in Crores) Quarter Ended Half Year Ended Year Ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 S.No Particulars (1) (2) (3) (4) (5 (6) (Unaudited) (Audited) 1 Income Interest income 0.17 0.04 0.24 0.21 2.15 2.19 Dividend income - - - - - 286.54 Net gain on Sale I Fair Valuation of Investments 9.09 6.41 1.00 15.50 4.28 5.20 Sale of goods & services 102.86 86.59 55.67 189.45 105.55 222.41 Other operating revenue - - - - - Revenue From Operations 112.12 93.04 56.91 205.16 111.98 516.34 Other income 0.37 0.16 0.07 0.53 0.26 0.25 Total Income 112.49 93.20 56.98 205.69 112.24 516.59 2 Expenditure Finance costs 44.24 39.46 20.95 83.70 42.02 84.94 Employee benefit expenses 5.75 4.77 3.46 10.52 8.43 17.26 Depreciation and Amortisation Expenses 0.51 0.52 0.57 1.03 1.07 2.17 Other expenses 45.05 38.43 9.75 83.48 23.69 38.80 Total Expenditure 95.55 83.18 34.73 178.73 75.21 143.17 3 Profit from Ordinary Activities before Exceptional items (1-2) 16.94 10.02 22.25 26.96 37.03 373.42 4 Exceptional Items - Gain I (Loss) 1,012.44 - - 1,012.44 - (0.32) 5 Profit from Ordinary Activities before tax (3+4) 1,029.38 10.02 22.25 1,039.40 37.03 373.10 6 Tax expense a) Current tax 36.77 0.38 2.78 37.15 4.56 50.51 b) Deferred tax 61.91 0.19 0.17 62.10 0.27 0.29 Total tax expense 98.68 0.57 2.95 99.25 4.83 50.80 7 Profit for the Period (5-6) 930.70 9.45 19.30 940.15 32.20 322.30 8 Other Comprehensive Income (net of tax) a) Items that will not be reclassified to profit or loss 0.05 (2.56) (2.65) (2.51) (4.92) (5.01) b) Items that will be reclassified to profit or loss . . - . - Total Other Comprehensive Income 0.05 (2.56) (2.65) (2.51) (4.92) (5.01) 9 Total Comprehensive Income for the period (7+8) 930.75 6.89 16.65 937.64 27.28 317.29 10 Paid up equity share capital (Face value of Rs.5/-each) 10.12 10.12 10.12 10.12 10.12 10.12 11 Reserves excluding revaluation reserve 1,744.31 12 Earnings Per Share (EPS)(Face value of Rs.5/-each)(not annualised) (i) Basic (in Rs.) 460.01 4.67 9.54 464.68 15.92 159.30 (ii) Diluted (in Rs.) 460.01 4.67 9.54 464.68 15.92 159.30 Notes: 1 During the quarter ended 30th September 2026, the Company had issued 93,06,76,784 6% Bonus Non-convertible Redeemable Preference shares (NCRPS) amounting to Rs. 930.68 Crores (excluding interest). 2 During the current quarter the Company has recognized an amount of Rs.1,012.44 Crores (including interest amount of Rs.57.31 Crores) as an exceptional income upon redemption of 6% cumulative non-convertible redeemable preference shares received from its Subsidiary Company. 3 Figures f [Showing first 8,000 characters — download PDF for full document]