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TVS Srichakra Ltd. — Capital/Financing Update 2026
May 27, 2026
61301_rns_2026-05-27_6aa2e89b-96b9-4193-8ffb-355d57493112.pdf
Capital/Financing Update
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THE EUROGRIP
REF:TSL:SEC:2026/98
May 27, 2026
National Stock Exchange of India Ltd.,
5th 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 (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws, it is hereby informed that the Board of Directors, at its meeting held today, i.e., May 27, 2026, has approved capital investment of up to Rs.220.00 Crores towards capacity expansion at the manufacturing units located at Vellaripatti, Madurai.
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 30th January 2026, are furnished in Annexure 1.
We request you to kindly take this on record.
Thanking you
Yours faithfully
for TVS SRICHAKRA LIMITED
CHINMOY
PATNAIK
Digitally signed by CHINMOY PATNAIK
Date: 2026.05.27 18:28:35 +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 | Website: www.tvseurogrip.com | [email protected]
Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300
EUROGRIP
Annexure 1
Capital Investment at Company's Manufacturing Units Located at Vellaripatti, Madurai.
| Sr. No. | Particulars | 2W Plant | Off Highway Tyre Plant |
|---|---|---|---|
| 1. | Existing Capacity | Approximately 210 to 235 lakh tyres per annum | Approximately 75 to 85 metric tons per annum |
| 2. | Existing Capacity Utilization | About 80-85% | About 75 to 80% |
| 3. | Proposed Capacity Addition | About 5% | About 25% |
| 4. | Period within which the proposed capacity is to be added | First half of FY 2028-29 | First half of FY 2027-28 |
| 5. | Investment required | Upto Rs.110.00 Crores. | Upto Rs.110.00 Crores |
| 6. | Mode of financing | Combination of Internal Accruals and Debts. | Combination of Internal Accruals and Debts. |
| 7. | Rationale | To meet growing demand for the Company's 2/3-wheeler tyres. | To meet growing demand for the Company's Off Highway Tyres |
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 | Website: www.tvseurogrip.com | [email protected]
Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300