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SEC: 011:26-27/TS/31.07.2026
National Stock Exchange of India Limited
Listing Department Exchange Plaza,
5th Floor, Plot no. C/1, G- Block,
Bandra-Kurla Complex,
Mumbai – 400 051.
NSE SYMBOL: TSFINV
Dear Sir/Madam,
Sub: Disclosure under Reg. 30 read with Sch. III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Re: Further Acquisition of Shares in Wheels India Limited
We wish to inform you that the Board of Directors of our Company, at the meeting held on
31.07.2026 (today), had approved further acquisition of 2,56,547 equity shares of ₹10/- each
representing 1.050% in the paid-up equity share capital of M/s.Wheels India Limited (WIL).,
from M/s. Trichur Sundaram Santhanam & Family Private Limited (TSSFPL).
The transaction is proposed to be executed between the two promoters in the form of an inter-
se transfer through the block deal window mechanism of the stock exchange(s) or any other
mechanism at a price that may be permitted under the regulatory framework on the date of
execution of the transaction.
We hereby confirm that the proposed transaction with M/s. Trichur Sundaram Santhanam &
Family Private Limited., is a related party transaction under section. 2(76) read with section.188
of the Companies Act, 2013 and Reg. 23 of the SEBI (LODR) Regulations, 2015.The Audit
Committee has approved this transaction. Further we hereby confirm that Sundaram Finance
Limited, the promoter of TSFIL, does not hold any shares in WIL. The persons belonging to
the promoter group/group companies of TSFIL are interested in WIL only to the limited extent
of their shareholdings, if any (forming part of public shareholding).
The meeting commenced at 11:00 AM. and concluded at 11:40 AM
The requisite details in terms of Regulation 30 of the SEBI LODR read with relevant circulars
issued by SEBI in this regard is provided in Annexure - I.
Thanking you,
Yours truly,
For TSF Investments Limited
S. Kalyanaraman
Secretary & Compliance Officer
TSF INVESTMENTS LIMITED
(formerly known as Sundaram Finance Holdings Limited)
Regd. Office: 21, Patullos Road, Chennai – 600 002, India CIN: L65100TN1993PLC025996
Ph: +91 44 2888 1311 www.tsfinvestments.com
Annexure – 1
S.N Particulars Details
1. Name of the target entity, details in brief such M/s Wheels India Limited,
as size, turnover etc. Total Turnover as on 31.03.2026: Rs. 5124.40Cr.
2. Whether the acquisition would fall within Yes
related party transaction(s); Whether the
promoter / promoter group / group companies SFL promoter of TSFIL is not interested in the
have any interest in the entity being acquired? transaction.
If yes, nature of interest and details thereof; TSSFPL is interested forming part of Promoter
and Whether the same is done at “arm’s group of TSFIL. The persons belonging to the
length” promoter group/group companies of TSFIL are
interested in WIL only to the limited extent of their
shareholdings, if any (forming part of public
shareholding).
Yes. At “arm’s length”.
Trade will be executed at prevailing Market Price.
3. Industry to which the entity being acquired Manufacturing of Parts & accessories for motor
belongs vehicles, Parts & accessories for machinery /
equipment used by construction / mining Industries,
Components for wind turbines.
4. Objects and impact of acquisition To consolidate the shareholdings in Wheels India
Ltd (associate company)
5. Brief details of any governmental or regulatory Not Applicable
approvals required for the acquisition
6. Indicative time period for completion of the On or after 07th August 2026.
acquisition
7. Consideration Cash Consideration
8. Cost of acquisition and/or the price at which the ₹1,518.62 per share
shares are acquired
9. Percentage of shareholding / control acquired 2,56,547 (1.050%)
and / or number of shares acquired
10. Brief background about the entity acquired in Wheels India Limited (WIL) was incorporated on
terms of products / line of business acquired, 13.06.1960.
date of incorporation, history of last 3 years Nature of business is Manufacturing of Parts &
turnover, country in which the acquired entity accessories for motor vehicles, Parts & accessories
has presence and any other significant for machinery / equipment used by construction /
information mining Industries, Components for wind turbines.
(₹ in Crs.)
Particulars 2025-26 2024-25 2023-24
Total 5124.40 4424.86 4619.03
Turnover
TSF INVESTMENTS LIMITED
(formerly known as Sundaram Finance Holdings Limited)
Regd. Office: 21, Patullos Road, Chennai – 600 002, India CIN: L65100TN1993PLC025996
Ph: +91 44 2888 1311 www.tsfinvestments.com