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TVS Holdings Limited, formerly known as Sundaram-Clayton Limited, announced that a scheme of arrangement between the company and its shareholders has become effective from August 27, 2026, following the filing of Form INC 28 with the Registrar of Companies in Chennai, Tamil Nadu. As part of the scheme, TVS Holdings Limited will issue 46 6% cumulative non-convertible redeemable preference shares of INR 10 each for every one fully paid up equity share of INR 5 held, utilizing its retained earnings, with September 8, 2026, set as the record date for eligible shareholders.

Net profit of TVS Holdings rose 81.87% to Rs 610.25 crore in the quarter ended June 2026 as against Rs 335.55 crore during the previous quarter ended June 2025. Sales rose 34.51% to Rs 16406.50 crore in the quarter ended June 2026 as against Rs 12196.81 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales16406.5012196.81 35 OPM %16.9216.41 - PBDT2073.641350.45 54 PBT1692.521018.58 66 NP610.25335.55 82 Powered by Capital Market - Live News

TVS Holdings will hold a meeting of the Board of Directors of the Company on 21 July 2026.

TVS Holdings announced that the 64th Annual General Meeting(AGM) of the company will be held on 22 July 2026.

The board of TVS Holdings at its meeting held on 13 May 2026 has approved raising of funds through the issuance of non-convertible debentures and/or commercial papers and/or availing of other permissible borrowings, up to Rs 1,100 crore.