TVS Holdings Limited Announces Equity Shareholders Meeting on April 24, 2026 Following NCLT Directions

TVS Holdings Limited has announced an equity shareholders meeting scheduled for April 24, 2026, following directions from the National Company Law Tribunal (NCLT), Chennai Bench. The meeting forms part of a scheme of arrangement being pursued under Sections 230-232 of the Companies Act, 2013.

NCLT Order and Meeting Details

The Hon'ble Tribunal issued its order on March 18, 2026, directing the company to convene meetings of equity shareholders. In compliance with this directive and applicable provisions of the Companies Act, 2013, SEBI Listing Regulations, 2015, and relevant MCA circulars, the company has scheduled the meeting through video conferencing and other audio-visual means.

Meeting Details: Information Meeting Type: Equity Shareholders Date: Friday, April 24, 2026 Time: 11:00 A.M. (IST) Mode: Video Conferencing / Other Audio Visual Means NCLT Order Date: March 18, 2026

Newspaper Advertisement Publication

On March 24, 2026, the company published newspaper advertisements in Business Standard (All India Edition, English) and Dinamalar Tamil (Tamil Nadu Edition, vernacular language) to notify shareholders about the meeting. The company informed both BSE Limited and National Stock Exchange of India about these newspaper publications, which are also available on the company's website at www.tvsholdings.com .

Voting Rights and Eligibility

The company has established April 18, 2026 as the cut-off date for determining shareholder eligibility. Only equity shareholders whose names are recorded in the Register of Members or Register of Beneficial Owners maintained by depositories as on this cut-off date will be entitled to exercise voting rights and attend the meeting.

E-voting Schedule: Details Cut-off Date: Saturday, April 18, 2026 Remote E-voting Start: Tuesday, April 21, 2026 at 9:00 A.M. (IST) Remote E-voting End: Thursday, April 23, 2026 at 5:00 P.M. (IST)

Voting rights will be proportional to each shareholder's holding in the paid-up equity share capital of the company as recorded on the cut-off date. The notice includes detailed procedures for casting votes through e-voting and attending the meeting via video conferencing platforms.

Regulatory Compliance and Documentation

TVS Holdings Limited, formerly known as Sundaram-Clayton Limited, has its registered office located at "Chaitanya", No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai – 600006. The formal notice and statement under Sections 230 and 232 of the Companies Act, along with other applicable provisions and Rule 6 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, have been made available through designated weblinks for shareholder access.

The Tribunal has appointed Ms Deepika Kumari, Advocate, as the Chairperson for the meeting and Mr V Sriram Ananth, Advocate, shall act as the Scrutinizer. The company has appointed National Securities Depository Limited (NSDL) for facilitating e-voting to enable shareholders to cast their votes electronically.

TVS Holdings Limited has successfully completed the allotment of ₹650 crores worth non-convertible debentures through the NSE Electronic Bidding Platform. The Asset Liability Management Committee of Directors, authorized by the Board of Directors, approved the allotment on 24th March 2026 following successful bidding and receipt of subscription amounts from identified investors.

Debenture Issue Details

The company allotted 65,000 Senior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures with specific terms designed to attract institutional investors.

Parameter: Details Total Debentures: 65,000 Face Value: ₹1,00,000 each Total Issue Size: ₹650,00,00,000 Issue Type: Private Placement Listing Exchange: National Stock Exchange of India Limited

Interest and Maturity Structure

The debentures offer competitive returns with a structured payment schedule spanning 39 months from the allotment date.

Financial Terms: Specifications Coupon Rate: 8.10% per annum Payment Frequency: Annual Tenure: 39 Months Allotment Date: 24th March 2026 Maturity Date: 24th June 2029

Payment Schedule

The company has established a clear timeline for coupon payments and principal redemption:

1st Coupon Payment: 24th June 2026

2nd Coupon Payment: 24th June 2027

3rd Coupon Payment: 24th June 2028

4th Coupon Payment: 24th June 2029

Principal Redemption: 24th June 2029

Security and Default Provisions

The debentures are unsecured instruments with specific provisions for delayed payments. In case of payment delays exceeding three months from the due date, the company will pay an additional 2% per annum over the coupon rate on the outstanding principal amount from the end of the cure period until rectification.

Corporate Structure

TVS Holdings Limited, formerly known as Sundaram-Clayton Limited, operates from its registered office at "Chaitanya", No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai. The allotment was executed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring full regulatory compliance and transparency for stakeholders.

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