NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company3 Jul 2026 · 3 Jul 2026, 03:41 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TVS Electronics Limited · TVSELECT
✦ AI SummaryLitigation
TVS Electronics Limited has disclosed a pending litigation with the Employees' Provident Fund regarding a difference in the interpretation of 'Basic Wages' for the assessment period April 2014 to June 2015, with the company having already paid the differential PF contribution amount in 2020 and having received partial relief from the Industrial Tribunal-CUM-Labour Court, Chennai.
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TVS Electronics Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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03.07.2026
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001 Scrip Code – 532513
National Stock Exchange of India Limited
Exchange Plaza, 5th Fl or
Plot No. C/1 G Block
Bandra - Kurla Complex, Bandra - (E)
Mumbai - 400 051 Scrip Symbol – TVSELECT
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
This disclosure is being made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated 30th January 2026.
We hereby disclose the details of the material pending litigation as set out in Annexure 1, pursuant to the said
Master Circular.
Kindly take the above information on record.
Yours Truly,
For TVS Electronics Limited
K Santosh
Company Secretary
TVS Electronics Limited
“Arihant E-Park”, No.117/1, 9th Floor, L.B. Road, Adyar, Chennai – 600 020. Tel.: +91-44-42005200
Registered Office: Harita Towers, 4th Floor, No.119, St. Mary’s Road, Abhiramapuram, Chennai – 600 018
Corporate Identity Number: L30007TN1995PLC032941
E-mail id: webmaster@tvs-e.in Website: www.tvs-e.in
Annexure 1
DETAILS AS PER THE SEBI CIRCULAR NO: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 DATED 30th JANUARY 2026
AND SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015:
S.no Particulars Details
1 Name of the opposing party and Brief Name of the Opposing party: Employees' Provident Fund
details of dispute/litigation Organisation
Court/Tribunal/Agency:- Central Government Industrial
Tribunal -CUM-Labour Court, Chennai
Brief Details of Litigation:- The demand pertains to the
assessment period April 2014 to June 2015 due to difference in the
interpretation of "Basic Wages", with EPFO including certain
allowances for provident fund contribution purposes for
employees whose basic wages were below the statutory wage
ceiling. The differential PF contribution amount has already been
paid during the year 2020. With respect to the damages, the
Hon'ble Industrial Tribunal-CUM-Labour Court, Chennai has
considered the Company’s request and granted partial relief by
reducing the damages by 45% from ₹23.24 Lakhs to ₹12.78 Lakhs
of which ₹6.00 lakhs has already been deposited.
Expected financial implications
₹12.78 Lakhs
3 Quantum of claims 1
4 Developments in proceedings The Company has filed a Writ Petition before the Hon'ble
Madras High Court in the first appeal, seeking further relief
against the damages awarded.
TVS Electronics Limited
“Arihant E-Park”, No.117/1, 9th Floor, L.B. Road, Adyar, Chennai – 600 020. Tel.: +91-44-42005200
Registered Office: Harita Towers, 4th Floor, No.119, St. Mary’s Road, Abhiramapuram, Chennai – 600 018
Corporate Identity Number: L30007TN1995PLC032941
E-mail id: webmaster@tvs-e.in Website: www.tvs-e.in