BSECompany Update2 Nov 2026 · 2 Nov 2026, 08:20 pm

Announcement under Regulation 30 (LODR) - Acquisition

TVS Holdings Ltd · 520056

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TVS Holdings Ltd has acquired an additional 12,55,26,842 equity shares of Home Credit India Finance Private Ltd, a subsidiary, at Rs. 38.55 per share, aggregating to Rs. 483.91 Cr, with the shareholding remaining at 74.45%.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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TVS Holdings Ltd - 520056 - Announcement under Regulation 30 (LODR)-Acquisition

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TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 2nd November 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/Madam, Reg. : Compliance under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we hereby inform that on 2nd November 2026, TVS Holdings Limited (“the Company”) has received confirmation that it has been allotted an additional 12,55,26,842 equity shares of Rs. 10/- each in Home Credit India Finance Private Limited (“HCIFPL”), a subsidiary of the Company pursuant to a right issue offer made to the Company. The aggregate cost of this additional investment exceeds the materiality threshold specified under sub-clause (c) of clause (i) of Regulation 30(4), hence this disclosure is being made in compliance with Clause A(1)(ii)(c) of Part A of Schedule III of the SEBI LODR Regulations. However, since the issue of shares by the Subsidiary, was on a rights issue basis, the Company’s aggregate holding in HCIFPL remains at 74.45%. Further, the details of the acquisition as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 are provided in Annexure 1 enclosed herewith. Date and time of occurrence of event: 2nd November 2026, 11:40 AM 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 TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 ANNEXURE 1 Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) Disclosure for Acquisition of shares: Details S. No Particulars Name of Target Company: Home Credit India Finance Private Limited (“HCIFPL”) Details of Target: Registered Office: TVR Pride, No. 383, 16th Main, 3rd Block, Koramangala, Bengaluru - 560 034 Company Registration No.: U65910KA1997PTC218378 Home Credit India Finance Private Limited Name of the target entity, details in brief (HCIFPL) is a non-deposit-taking non-banking 1 such as size, turnover etc. financial company registered with the Reserve Bank of India (RBI) and has been categorised as a middle layer NBFC. HCIFPL is engaged in providing loans to the retail segment for consumer durables and cash loans. It also offers add on products in the form of non-credit value-added services. HCIFPL operates through the point of sales (POS) model and online model. During the year 2025-26, HCIFPL generated a turnover of Rs. 2,112.74 Crores. Profit after tax of Rs. 132.24 Crores and had a net-worth of Rs. 2,654.35 Crores. Yes, this acquisition would fall within related party Whether the acquisition would fall within transaction as HCIFPL is a subsidiary company. related party transaction(s) and whether the promoter/ promoter group/ group STPL Trading and Services Private Limited, one of 2 companies have any interest in the the members of Promoter Group holds 7.50% of entity being acquired? If yes, nature of the target entity. interest and details thereof and whether the same is done at “arm’s length” The transaction was undertaken on an arm’s length basis, with equity shares issued to the Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792 TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 Details S. No Particulars Company at the same price and on same terms as those offered to other shareholders, based on the fair valuation of HCIFPL as approved by its Board. Industry to which the entity being 3 Non-banking financial services acquired belongs Objects and effects of acquisition (including but not limited to, disclosure The additional investment is made towards 4 of reasons for acquisition of target sustaining and accelerating the current growth rate entity, if its business is outside the main of HCIFPL. line of business of the listed entity) Brief details of any governmental or 5 regulatory approvals required for the No approvals required. acquisition The allotment 12,55,26,842 equity shares of Indicative time period for completion of HCIFPL has been completed on 31st October 2026 the acquisition and intimated to the Company on 2nd November 2026. Consideration - whether cash 7 consideration or share swap or any other Cash consideration form and details of the same Cost of acquisition and/or the price at 8 Rs. 38.55 per share aggregating to Rs. 483.91 Cr. which the shares are acquired The Company has acquired an additional Percentage of shareholding / control 12,55,26,842 equity shares of HCIFPL. Post the 9 acquired and / or number of shares additional acquisition, the shareholding of the acquired Company in HCIFPL remains at 74.45%. Home Credit India Finance Private Limited (HCIFPL) is a non-deposit-taking non-banking financial company registered with the Reserve Brief background about the entity Bank of India (RBI) and has been categorised as a acquired in terms of products/line of middle layer NBFC. HCIFPL is engaged in providing business acquired, date of incorporation, loans to the retail segment for consumer durables 10 history of last 3 years turnover, country and cash loans. It also offers add on products in in which the acquired entity has the form of non-credit value-added services. presence and any other significant HCIFPL operates through the point of sales (POS) information (in brief). model and online model. Date of incorporation: 1 October 1997 Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792 TVS Holdings Limited Registered Office: “Chaitanya”, No. 12, Khader Nawaz Khan Road, [Formerly known as Sundaram-Clayton Limited] Nungambakkam, Chennai – 600006 PH: 044 28332115 Details S. No Particulars Turnover of last 3 years: FY 2025 – 2026: Rs 2,112.74 Crores FY 2024 – 2025: Rs 2,096.54 Crores FY 2023 – 2024: Rs 1,927.03 Crores Website: www.tvsholdings.com Email: corpsec@tvsholdings.com CIN: L64200TN1962PLC004792