Acquisition

SEC: 017:26-27/TS/19.08.2026 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: Subscription to the preferential issue of equity shares offered by Wheels India Limited on private placement basis. We wish to inform you that the Board of Directors of the Company, at its meeting held today (19.08.2026), has approved the subscription to the preferential issue of equity shares of Wheels India Limited. The Company proposes to subscribe to the preferential issue of 10,57,827 equity Shares of ₹10/- each, at an issue price of ₹1418/- per equity Share, including a premium of ₹1408/- per equity Share offered by Wheels India Limited on private placement basis. The value of the proposed subscription would aggregate to an amount not exceeding ₹150 Crs. The proposed transaction is expected to be completed on or before 30 September 2026, subject to shareholders approval. The Company hereby confirms that the proposed subscription to the preferential issue of equity shares of Wheels India Limited constitutes a Related Party Transaction under Regulation 2(1)(zb), Regulation 23 and other applicable regulations of SEBI (LODR) Regulations 2015. Further, the Audit Committee has reviewed and approved the proposed subscription. Since the aggregate value of the transaction exceeds the materiality threshold for related party transactions prescribed under Regulation 23(4) of SEBI (LODR) Regulations 2015, this transaction qualifies as a Material Related Party Transaction. Accordingly, the Company is taking necessary steps to seek the approval of shareholders by way of Postal Ballot. 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 Further, we wish to confirm that Sundaram Finance Limited the promoter of the Company is not interested in the transaction and persons belonging to the promoter group of the Company are interested in Wheels India Limited only to the limited extent of their shareholdings, if any (forming part of public shareholding). The meeting of the Board of Directors commenced at 12:00 Noon and concluded at 01:00 P.M. 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 Encl., 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 as M/s Wheels India Limited, size, turnover etc. Total Turnover as on 31.03.2026: Rs. 5124.40Cr. 2. Whether the acquisition / subscription would fall Yes within related party transaction(s); Whether the promoter / promoter group / group Sundaram Finance Limited the promoter of the companies have any interest in the entity being Company is not interested in the transaction and acquired? If yes, nature of interest and details persons belonging to the promoter group of the thereof; and Company are interested in Wheels India Limited only to the limited extent of their shareholdings, if any (forming part of public shareholding). Whether the same is done at “arm’s length” Yes. At “arm’s length”. 3. Industry to which the Target entity belongs to Manufacturing of Parts & accessories for motor 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 before 30 September 2026, subject to receipt of acquisition shareholders approval. 7. Consideration Cash Consideration 8. Cost of acquisition and/or the price at which the ₹1418 per equity share shares are acquired 9. Percentage of shareholding / control acquired 10,57,827 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 has accessories for motor vehicles, Parts & accessories presence and any other significant information for machinery / equipment used by construction / 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