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TVS Srichakra Ltd. Capital/Financing Update 2025

Aug 14, 2025

61301_rns_2025-08-14_5f0f1c7f-d7d2-4f67-a053-f80818cbb0c8.pdf

Capital/Financing Update

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REF:TSL:SEC:2025/126

National Stock Exchange of India Ltd., BSE Limited 5th Floor P J Towers Exchange Plaza Dalal Street Bandra (E), Fort, Mumbai - 400 051 Mumbai 400 001

Scrip Code: TVSSRICHAK Scrip Code: 509243 by NEAPS by Listing Centre

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”).

Dear Sir/Madam,

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions, if any, it is hereby informed that TVS Srichakra Investments Limited (“ TSIL ”), a wholly owned subsidiary of the Company, has made an investment by subscribing to the rights issue of TVS Sensing Solution Private Limited (“ TVSSSPL ”), a wholly owned subsidiary of TSIL.

TSIL has invested ₹5,99,99,800/- (Rupees Five Crore Ninety-Nine Lakh Ninety-Nine Thousand Eight Hundred Only) by subscribing to 2,14,285 equity shares of TVSSSPL at a face value of ₹10/- per share with a premium of ₹270/- per share. The proceeds from the rights issue will be utilized by TVSSSPL to improve upon efficient working capital management and to support its growth plans.

TSIL has confirmed its subscription to the rights issue today. As a result, its shareholding in TVSSSPL remains unchanged.

The details required under regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are furnished in Annexure A .

This is for your information and records.

Thanking you

Yours faithfully for TVS SRICHAKRA LIMITED

CHINMOY Digitally signed by CHINMOY PATNAIK PATNAIK Date: 2025.08.14 18:28:23 +05'30' Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724

TVS Srichakra Limited

CIN: L25111TN1982PLC009414

Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I [email protected] Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300

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Annexure A

Sr. No Particulars Details Details
a. Name of the target entity, details in
brief such as size, turnover etc.
TVS Sensing Solution Private Limited
(“TVSSSPL”)
incorporated
on
01/12/1993,
provides
products
and
solutions across a wide range of
segments,
including
Automotive,
Industrial, Consumer Durables and IT.
The company is known for delivering
high-quality solutions and application
support to its clients. It is primarily
engaged in the manufacture of electrical
switches,
electrical
apparatus
and
related components.
Authorized Capital - Rs. 5,00,00,000
(50,00,000 Equity Shares of Rs.10/-
each)
Issued/ Subscribed / Paid up capital -
Rs.
2,11,65,030
(21,16,503
Equity
Shares
of
Rs.10/-each).
TVSSSPL
operates in India.
Turnover of TVSSSPL is as below:
Financial Year
Amount In Rs.
crores
FY25
157.17
FY24
136.67
FY23
120.96
Financial Year Amount In Rs.
crores
FY25 157.17
FY24 136.67
FY23 120.96
b. Whether the acquisition would fall
within related party transaction(s) and
whether
the
promoter/
promoter
group/ group companies have any
interest in the entity being acquired?
If yes, nature of interest and details
thereof and whether the same is done
at "arm’s length".
The acquisition would not fall within
related party transactions(s). TVSSSPL
has offered shares to TSIL on a rights
issue basis, in compliance with the
provisions of Section 62(1) of the
Companies Act, 2013. Neither Promoter
nor any promoter group or group
companies
have
any
interest
in
TVSSSPL except to the interest of
indirect shareholding held through the
Company.
c. Industry to which the entity being
acquired belongs (including but not
limited to, disclosure of reasons for
acquisition of target entity, if its
business is outside the main line of
business of the listed entity)
TVSSSPL
provides
products
and
solutions across a wide range of
segments,
including
Automotive,
Industrial, Consumer Durables and IT. It
is primarily engaged in the manufacture
of
electrical
switches,
electrical
apparatus and related components.

TVS Srichakra Limited

CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I [email protected] Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300

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Sr. No Particulars Details
d. Objects and impact of acquisition
(including
but
not
limited
to,
disclosure of reasons for acquisition
of target entity, if its business is
outside the main line of business of
the listed entity).
The acquisition of shares in TVSSPL by
TSIL is intended to improve efficient
working
capital
management
and
support the growth plans of TVSSPL.
e. Brief details or any governmental or
regulatory approvals required for the
acquisition.
None
f. indicative time period for completion
of the acquisition
The consideration amount has been paid
by TSIL to TVSSSPL.
g. Consideration-
whether
cash
consideration or share swap or any
other form and details of the same
Consideration is in the form of cash.
h. Cost of acquisition and/or the price at
which the shares are acquired.
₹5,99,99,800 (for 2,14,285 equity shares
of a face value of ₹10 each, with a
premium of ₹270 per share)
i. Percentage of shareholding / control
acquired and / or number of shares
acquired.
TSIL’s
shareholding
percentage
in
TVSSSPL shall remain unchanged.
j. Brief background about the entity
acquired in terms of products/line of
business
acquired,
date
of
incorporation, history of last 3 years
turnover,
country
in
which
the
acquired entity has presence and any
other significant information (in brief).
Please refer Point No.(a).

TVS Srichakra Limited

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CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I [email protected] Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300