BSECompany Update23 Jun 2026 · 23 Jun 2026, 03:59 pm

We enclose herewith a press release regarding the launch of an exclusive retail outlet in Panipat.

TVS Srichakra Ltd-$ · 509243

✦ AI Summary▲ PositiveExpansion

TVS Srichakra Ltd, through its Eurogrip Tyres brand, has launched its 16th exclusive retail store in Panipat, Haryana. This new outlet will offer a comprehensive range of 2 & 3-wheeler tyres and services such as professional fitment, care, and puncture repair. The expansion into Panipat, identified as a key market, is part of the company's broader strategy to strengthen its branded retail footprint and enhance customer access across India.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment7/10

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TVS Srichakra Ltd-$ - 509243 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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REF:TSL:SEC:2026/109 June 23, 2026 National Stock Exchange of India Ltd., BSE Limited 5th Floor P J Towers Exchange Plaza, 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: Press Release We enclose herewith a press release regarding the launch of an exclusive retail outlet in Panipat. Kindly take the same on record. Thanking you Yours faithfully For TVS Srichakra Limited Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724 Encl: a.a 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 Email: secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300 Eurogrip Tyres Opens Exclusive Store in Panipat Panipat, 23rd June 2026: Eurogrip Tyres, India’s leading 2 & 3-wheeler tyre brand from TVS Srichakra Ltd., today announced the opening of its new exclusive retail store in Panipat, Haryana. This marks the brand’s 16th signature store in India, further strengthening its retail footprint and reinforcing its commitment to providing customers with a complete tyre and 2-wheeler care experience. The new retail outlet was inaugurated in the presence of distinguished guests including members of the Eurogrip team and business partners. Speaking on the occasion, Mr.T.K.Ravi, Chief Operating Officer of TVS Srichakra Ltd said, “We continue to bring high-quality products and dependable services closer to our customers. The opening of our 16th exclusive store marks another important milestone in the journey. Panipat is a key market for the brand, a potential town in Haryana. Through this new store, riders can access our complete tyre portfolio along with expert support and services.” The newly launched store houses Eurogrip’s range of tyres across various patterns and sizes, along with tubes designed to suit a wide spectrum of 2-wheelers. From scooters and commuter motorcycles to mid-range performance bikes, adventure touring bikes, the outlet aims to cater to diverse riding needs under one roof. In addition to product range, the store will provide a comprehensive set of services including professional tyre fitment, tyre care, puncture repair and air pressure checks. The outlet will also assist customers with warranty-related support, ensuring a seamless ownership experience. The expansion is part of the company’s broader strategy to strengthen its branded retail footprint across key markets in India while providing customers with a consistent and trusted service environment. In addition to recently opened stores in Bahraich, Ludhiana, Delhi and Alappuzha, Eurogrip operates retail experience stores in Chennai, Mysuru, Patna, Farrukhabad, Ahmedabad, Hyderabad and Rajkot. The new store is located at: Bansal Brothers Amar Bhawan Chowk Area, Panipat, Haryana 132103 Phone: 8053268069 About TVS Srichakra Ltd. TVS Srichakra Limited, makers of Eurogrip, TVS Eurogrip and TVS Tyres brands of tyres, is one of India’s leading manufacturers and exporters of Two, Three-Wheeler tyres and Off-Highway tyres. Incorporated in 1982, it is one of the verticals of the USD 5 Billion TVS Mobility - the holding company for the businesses. With global research and development capabilities and cutting-edge technology, TVS Srichakra produces industry-leading tyres for the automotive sector in India and worldwide. Headquartered in Madurai, TVS Srichakra has manufacturing facilities in Madurai (Tamil Nadu) and Rudrapur (Uttarakhand) with a production capacity of over 3 million tyres a month. The company has a design centre in Milan, Italy supporting the R&D centre in Madurai and the tyres are tested in Indian, European, and Japanese road conditions. TVS Srichakra’s products are available in over 85 countries across the world. In India, the company enjoys a significant market share amongst the original equipment manufacturers and replacement markets and has a comprehensive network of distributors and dealers giving it a robust presence. For more information, visit https://www.eurogriptyres.com. For further media queries please contact: David Francis | 98840 52528| david.francis@dentsu.com Naomi Nicholas | 9176018421 | Naomi.Nicholas@dentsu.com