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TVS Srichakra Ltd. Capital/Financing Update 2026

Mar 20, 2026

61301_rns_2026-03-20_e40fd2f2-420f-495e-8920-5337e30278d8.pdf

Capital/Financing Update

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REF:TSL:SEC:2026/54

March 20, 2026

National Stock Exchange of India Ltd., 5[th] Floor Exchange Plaza Bandra (E), Mumbai - 400 051

BSE Limited P J Towers Dalal Street Fort, Mumbai 400 001

Scrip Code: TVSSRICHAK by NEAPS

Scrip Code: 509243 by Listing Centre

Dear Sir / Madam,

  • Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) 2015 (“Listing Regulations”)

In terms of Regulation 30 of the SEBI (LODR) Regulations and other applicable regulations, it is informed that the Company made an investment of Rs.3,78,79,138/- (Rupees Three Crore Seventy-Eight Lakh Seventy-Nine Thousand One Hundred Thirty-Eight only) and acquired 19,863 Equity Shares of Navia Two Power Private Limited (“Navia” ), by subscribing to the right issue at face value of Rs.10/- each and at a premium of Rs. 1,897.02 per share for purchase of Solar power under Group Captive mode. Consequent to this, our total shareholding with Navia has increased from 5,915 Equity Shares to 25,778 Equity Shares.

Navia is special-purpose vehicle for the purpose of owning and operating a Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws.

The details required under regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are furnished in Annexure 1.

The intimation on the allotment of equity shares from Navia is received today.

We request you to kindly take this on record.

Thanking you Yours faithfully for TVS SRICHAKRA LIMITED

Digitally signed by CHINMOY CHINMOY PATNAIK PATNAIK Date: 2026.03.20 18:13:44 +05'30' Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724 Encl.: As above

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 1

(Information about Investee/Target Company)

Sl.No.
Particulars

Details
1. Name of the target entity, details in brief
such as size, turnover etc.,
Name of Target Company: Navia Two
Power Private Limited (“Navia”)
Details of Target Company: Navia Two
Power Private Limited, a private limited
company,
incorporated
under
the
Companies Act, 2013, with CIN:
U35106HR2024PTC124127, having its
registered office at 3rdFloor, Tower
10B, DLF Cyber City, DLF QE,
Gurgaon, Haryana – 122002. Navia is a
Special Purpose Vehicle of Zelestra
Group. Navia is engaged in the
business of Electric power generation
using other non-conventional sources
and sale.
Navia was incorporated on 12thday of
August 2024.
2. 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”.
No
3. Industry to which the entity being
acquired belongs.
Renewable energy
4. Objects and effects 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)
To comply with regulatory requirement
for captive power consumption under
Indian Electricity laws.
5. Brief details of any governmental or
regulatory approvals required for the
acquisition
Not Applicable
6. Indicative time period for completion of
the acquisition
20thMarch 2026
7. Nature of consideration - whether cash
consideration or share swap and details
of the same
Cash Consideration

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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Sl.No. Particulars Details
8. Cost of acquisition or the price at which
the shares are acquired
Rs.3,78,79,138/- (19863 Equity Shares
of Rs.10/- each and at a premium of Rs.
1897.02 per share)
9. Percentage of shareholding / control
acquired and / or number of shares
acquired.
5.92 % in the paid-up Equity Share
Capital of Navia.
10. 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).
Navia
is
an
Indian
company,
incorporated on 12thAugust 2024 which
is
engaged
in
the
business
of
generation of power and sale.
Market Presence: India
Turnover for the last 3 years:
2024-25: Nil
2023-24: NA
2022-23: NA

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