TVS Holdings Ltd: NCLT Sanctions Scheme of Arrangement

TVS Holdings Limited has received the certified copy of the order dated August 18, 2026, from the National Company Law Tribunal (NCLT), Chennai Bench, sanctioning the Scheme of Arrangement between the company and its shareholders. The scheme was approved under Sections 230-232 of the Companies Act, 2013. The NCLT order was pronounced on August 18, 2026, and the certified copy was received by the company on August 27, 2026. The company will now proceed with the necessary steps to implement the sanctioned scheme. The scheme received overwhelming support, with 99% of attending equity shareholders voting in favor.