TVS Holdings: Promoters Pledge Shares for ₹825 Cr Loan

TVS Holdings Ltd has disclosed that its promoters, VS Trust and Srinivasan Trust, have encumbered equity shares as collateral for credit facilities totaling ₹825 Crore. The pledge was created on October 26, 2026, in favor of JM Financial Products Limited and JM Financial Credit Solutions Limited. VS Trust availed a term loan of ₹365 Crore, while Srinivasan Trust secured two term loans aggregating ₹560 Crore (₹165 Crore and ₹395 Crore). This disclosure is made under SEBI (SAST) Regulations, 2011. As of October 27, 2026, VS Trust had pledged 13,40,600 shares, with Srinivasan Trust set to complete its pledge as per agreements.