Shareholding9 Jul 2026, 06:01 pm
TVS Holdings: VS Trust Encumbers Shares Worth ₹2.08 Cr for Loan
AI Summary
VS Trust, a promoter of TVS Holdings Limited (THL), has created an encumbrance on 4,20,400 equity shares, representing 2.08% of the total share capital. This action, reported on July 9, 2026, is a pledge agreement executed on July 7, 2026, with Aditya Birla Capital Limited. The pledge is to secure a facility of INR 250 crore. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, specifically Regulation 31(1) and 31(2), due to the definition of 'encumbrance' under Chapter V of the Takeover Regulations. The total promoter holding by VS Trust is 66.55%.
Key Highlights
- VS Trust pledges 4,20,400 TVS Holdings shares (2.08%).
- Pledge secures a ₹250 crore facility from Aditya Birla Capital.
- Disclosure made under SEBI Takeover Regulations, Chapter V.
- Encumbrance created on July 7, 2026, reported July 9, 2026.
- Total promoter holding by VS Trust stands at 66.55%.
Price Impact
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