TVS Motor Sets Aug 21 Record Date for NCRPS Redemption & Coupon Payment

TVS Motor Company Ltd has announced the record date for the redemption and final coupon payment of its 6% cumulative non-convertible redeemable preference shares (NCRPS). The record date is fixed as Friday, August 21, 2026. Holders of NCRPS as of this date will be eligible to receive the full and final redemption amount of ₹10 per NCRPS, along with a coupon payment of 6% per annum on the redemption amount. The NCRPS will be redeemed and extinguished effective September 1, 2026, after which their ISIN (INE494B04019) will be deactivated. This action marks the conclusion of these preference shares.