09-Sept-2026 19:14:49
TVSHLTDDividend
TVS HOLDINGS LTD : BONUS PREFERENCE SHARE ALLOTMENT
• Board approved allotment of 93,06,76,784 Bonus 6% Cumulative Non-Convertible Redeemable Preference Shares ("NCRPS") • Allotment of 46 NCRPS for every 1 equity share of INR 5 held, as per the Scheme of Arrangement approved by NCLT • The NCRPS will be redeemed upon expiry of fifteen (15) months from allotment, with discretion to redeem after twelve (12) months • Brief terms: ISIN INE105A04039, Allotment Date 09-09-2026, Maturity Date 09-12-2027*, Coupon Rate 6% • The Company will apply to Depositories and Stock Exchanges for credit, listing and trading of NCRPS Impact: Neutral (Procedural announcement regarding allotment of preference shares as per an approved scheme)
TVS Holdings Limited
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