TVS SRICHAKRA LTD.-$

TVS Srichakra Limited announced the completion of its step-down subsidiary, TVS Sensing Solutions Private Limited's (TVSSPL), acquisition of a 51% equity stake in Weber Drivetrain Private Limited. This acquisition, finalized on August 31, 2026, for a consideration of ₹10,00,000, makes Weber Drivetrain a subsidiary of TVSSPL and a step-down subsidiary of TVS Srichakra. The transaction details clarify and modify an earlier disclosure from July 19, 2026, regarding the acquisition cost. The delay in the final disclosure was attributed to verifying transaction particulars.

TVS Srichakra Ltd is providing shareholders, whose email addresses are not registered, with access to the Annual Report for FY 2025-26 and the Notice for the 43rd Annual General Meeting. This information is available via web links and on the company's website. Shareholders are encouraged to update their contact details for future correspondence and are invited to participate in the AGM. Contact details for the Registrar and Share Transfer Agent are provided for assistance.

TVS Srichakra Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as per SEBI regulations. The report details the company's business activities, which are primarily focused on the manufacture of tyres and tubes, accounting for 99.47% of its turnover. The company operates 113 locations, including 3 manufacturing plants, and serves markets in over 90 countries internationally, with exports contributing 19.69% to total turnover. The report also outlines employee statistics, including a workforce of 2,040 permanent employees and 628 permanent workers, with a notable representation of women in key management roles and on the Board of Directors. The BRSR is available on the company's investor relations website.

TVS Srichakra Ltd has filed its Annual Report for the Financial Year 2025-26, in compliance with SEBI LODR regulations. The report is available on the company's website and will be sent electronically to shareholders. It includes financial highlights, board's report, management discussion, corporate governance, and detailed standalone and consolidated financial statements. The report also lists the Board of Directors, committees, registered office, plant locations, corporate office, subsidiary companies, statutory and secretarial auditors, stock exchange listings, bankers, and registrar and share transfer agent.

TVS Srichakra Ltd has announced its 43rd Annual General Meeting (AGM) to be held on September 24, 2026, through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting will cover the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, declaration of a final dividend of ₹37.80 per share, reappointment of a director retiring by rotation, and ratification of the Cost Auditor's remuneration for the fiscal year 2026-27. The notice is available on the company's investor relations website.

TVS Srichakra Ltd has responded to a stock exchange clarification regarding a significant increase in its trading volume. The company stated that it has complied with all disclosure requirements under SEBI regulations and is unaware of any specific internal reason for the surge. TVS Srichakra attributes the volume movement purely to market-driven factors and reaffirms its commitment to corporate governance and transparency.

TVS Srichakra Ltd has announced the dates for its 43rd Annual General Meeting (AGM), which will be held virtually on Thursday, September 24, 2026. The record date for determining entitlement to the final dividend is Thursday, September 10, 2026. The cut-off date for e-voting is Thursday, September 17, 2026. Remote e-voting will commence on Monday, September 21, 2026, and conclude on Wednesday, September 23, 2026. The AGM notice and annual report for FY26 will be disseminated via email and post.

TVS Srichakra Ltd, under its Eurogrip Tyres brand, has launched its new slick racing tyre range, 'Protorq Racing', at the PETRONAS TVS India One Make Championship 2026. This marks the eighth consecutive year of TVS Srichakra's technical partnership with the championship. The Protorq Racing tyres are designed for high performance on racetracks, featuring a high-grip compound and a slick tread for enhanced cornering confidence. The company aims to leverage racing as a platform for tyre technology advancement and continuous innovation in high-performance two-wheeler tyres.

TVS Srichakra's consolidated revenue for Q1 FY27 (quarter ended June 30, 2026) rose 30.3% YoY to ₹1,067.6 Cr (₹819.4 Cr in Q1 FY26) and 8.8% QoQ (₹980.9 Cr in Q4 FY26). Consolidated PAT climbed 165% YoY to ₹34.0 Cr (₹12.8 Cr a year ago), though it eased 5.7% QoQ from ₹36.1 Cr, with net margin at 3.2% versus 1.6% a year ago and 3.65% last quarter. Basic EPS was ₹44.43 versus ₹16.82 a year ago and ₹47.13 last quarter. Standalone PAT was ₹29.22 Cr, up 61% YoY on ₹997.4 Cr revenue (+30.9% YoY) — a materially slower PAT climb than the consolidated print, reflecting the subsidiaries' (chiefly the US-based Super Grip Corporation) contribution this quarter. The headline YoY PAT jump actually UNDERSTATES the underlying operating improvement rather than flattering it. Q1 FY26's comparative base was lifted by a ₹17.56 Cr net one-off gain (an ₹18.81 Cr SIPCOT investment-subsidy grant, partly offset by a ₹1.25 Cr VRS cost) booked as an exceptional item; stripped of that, Q1 FY26's clean pre-tax profit was just ₹2.36 Cr. This quarter carries its own smaller net one-off benefit — a ₹1.00 Cr VRS cost (exceptional item) more than offset by a ₹7.21 Cr receivable recognized within other income for US IEEPA tariff refunds, following the February 2026 US Supreme Court ruling that invalidated those tariffs (the Group's US subsidiary, Super Grip Corporation, has already collected ₹6.65 Cr of actual refunds). Stripping all one-offs on both sides, clean pre-tax profit rose to roughly ₹39 Cr from ~₹2.4 Cr a year ago; the resulting adjusted PAT growth rate (~1,800%+) isn't economically meaningful given how close to breakeven the prior-year base was — the more informative read is the absolute swing of roughly ₹28 Cr in clean profit. Materials cost also fell to 52.2% of revenue from 55.9% a year ago, aiding the margin recovery alongside higher volumes. There is no management guidance or prior-quarter concall commentary on record to benchmark this print against, and the filing itself is a bare regulatory disclosure letter with no separate management commentary. No quarter-specific street consensus for TVS Srichakra was found either; the only available analyst context (Univest) points to a broader FY27 full-year PAT growth estimate of roughly 15-20%, well below the pace shown this quarter, though a single quarter and a full-year estimate aren't directly comparable. On the corporate-activity front, the quarter's Eurogrip retail expansion (five stores in Hyderabad, a 16th store in Panipat, plus three more announced just after quarter-end) supports the replacement/retail side of the tyre business reflected in the revenue growth; the 51% acquisition of Weber Drivetrain, announced July 19, 2026, falls after the June 30 quarter-end and is not yet reflected in these numbers.

TVS Srichakra Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company also informed that the trading window, which was closed from July 1, 2026, will remain shut until 48 hours after the declaration of these financial results.