TVS Holdings Sets Record Date for Bonus Preference Share Issue

TVS Holdings Limited has announced that the Scheme of Arrangement has become effective from August 27, 2026. The company will issue 46 cumulative non-convertible redeemable preference shares of ₹10 each as a bonus for every one fully paid-up equity share of ₹5 held. The record date for determining eligible shareholders for this bonus issue has been fixed as September 8, 2026. This action is being undertaken by utilizing retained earnings and is in accordance with the Companies Act, 2013, and Listing Regulations.