BSECompany Update5d ago · 27 Jul 2026, 08:31 pm

Compliance under regulation 30 of SEBI LODR

TVS Motor Company Ltd · 532343

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TVS Motor Company Ltd has acquired 1,13,37,297 equity shares of TVS Credit Services Ltd from Lucas-TVS Limited for Rs. 711 Cr, increasing its stake in TVS CS to 85.15%.

Analysis Scores

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 Motor Company Ltd - 532343 - Announcement under Regulation 30 (LODR)-Acquisition

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27th July 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 Tel no.: 22721233 Tel No.: 2659 8235 Fax No.: 22723719/ 22723121/ 22722037 Fax No.: 26598237/ 26598238 BSE Scrip Code: 532343 NSE Symbol: TVSMOTOR NCRPS Scrip Code: 717506 NCRPS Scrip Code: TVSMNCRPS Dear Sir/ Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) Pursuant to Regulation 30 of the SEBI Listing Regulations, we hereby inform you that TVS Motor Company Limited (“Company / TVSM”), has today, i.e., 27th July 2026, acquired 1,13,37,297 equity shares of TVS Credit Services Ltd (“TVS CS”), a subsidiary of the Company from Lucas-TVS Limited (“Lucas TVS”) constituting 4.39% of the paid-up share capital in TVSCS for an aggregate consideration of Rs. 711 Cr. The aggregate cost of the acquisition exceeds the threshold specified in sub-clause (c) of clause (i) of Regulation 30 (4), hence this disclosure is also being made in compliance with Clause A(1)(ii)(c) of Part A of Schedule III of the SEBI LODR Regulations. Consequent to the above, the shareholding of the Company in TVSCS shall increase from 80.76% to 85.15% (on a fully diluted basis). The details with respect to the above acquisition, as required under the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026, bearing reference number SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (“Master Circular”), are provided in Annexure A enclosed below. Date and time of occurrence of event: 27th July 2026 at 8.00 P.M (IST) Kindly take the same on record. Thanking You For TVS MOTOR COMPANY LIMITED K S Srinivasan Company Secretary Encl: As above Website: www.tvsmotor.com Email: contactus@tvsmotor.com CIN: L35921TN1992PLC022845 Annexure A Disclosure under Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 (SEBI LODR) Sr. Particulars Description 1. Name of the target entity, Name of Target: TVS Credit Services Limited details in brief such as size, (“TVSCS”) turnover, etc. Details of Target: TVSCS is registered with the Reserve Bank of India (“RBI”) as a “non-deposit taking Non-Banking Finance Company” with effect from 13th April 2010. The Company offers diverse lending products such as automobile finance, consumer durable loans and small business loans. During the period ended 31st March 2026, TVSCS generated a turnover of Rs. 7,191.14 Cr with PAT of Rs. 913.17 Cr and a networth of Rs. 6,067.63 Cr. 2. Whether the acquisition would The acquisition is not a related party transaction of fall within related party the Company. transaction(s) and whether the promoter / promoter group / TVSM will acquire the shares of TVSCS from Lucas group companies have any TVS at an agreed price. interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. 3. Industry to which the entity Non-banking financial services being acquired belongs. 4. Objects and impact of The acquisition is proposed to consolidate the acquisition (including but not Company's stake in TVS CS by acquiring the shares limited to, disclosure of reasons held by the other shareholders and is expected to for acquisition of target entity, streamline ownership and facilitate operational if its business is outside the efficiencies. main line of business of the listed entity). 5. Brief details of any Not applicable governmental or regulatory approvals required for the acquisition. Website: www.tvsmotor.com Email: contactus@tvsmotor.com CIN: L35921TN1992PLC022845 Sr. Particulars Description 6. Indicative time period for The transaction has been completed today viz., 27th completion of the acquisition. July 2026 7. Consideration – whether cash Cash consideration consideration or share swap or any other form and details of the same. 8. Cost of acquisition and/or the Rs. 711 Cr price at which the shares are acquired. 9. Percentage of shareholding / The Company has acquired 1,13,37,297 equity control acquired and/or shares of TVSCS from Lucas TVS aggregating to number of shares acquired. 4.39% on a fully diluted basis. 10. Brief background about the TVSCS is registered with the Reserve Bank of India entity acquired in terms of (“RBI”) as a “non-deposit taking Non-Banking products / line of business Finance Company” with effect from 13th April 2010. acquired, date of incorporation, The Company offers diverse lending products such history of last 3 years turnover, as automobile finance, consumer durable loans and country in which the acquired small business loans. entity has presence and any other significant information (in Date of Incorporation: 5th November 2008 brief) Total Turnover: Year Total income (INR Crores) FY 2025-26 7,191.14 FY 2024-25 6,604.75 FY 2023-24 5,789.72 Country of Presence: India Website: www.tvsmotor.com Email: contactus@tvsmotor.com CIN: L35921TN1992PLC022845