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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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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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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TVSELECT_03072026154054_TVSE_Regulation_30_Material_Litigation_sd.pdf

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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