TVS Supply Chain Solutions Ltd

TVS Supply Chain Solutions (TVS SCS) announced the formation of a joint venture with Italy-based ALA Group to develop a supply chain platform for India's aerospace and defense sectors. TVS SCS will invest up to INR 101.9 million in its subsidiary, TVS Packaging Solutions Private Limited, which will then form the JV. ALA Group will also invest in TVS Packaging. The JV aims to support business expansion and development in the aerospace and defense sectors. Post-investment, TVS SCS will hold 51% and ALA Group 49% in TVS Packaging. The JV targets cumulative revenues exceeding ₹2,000 Cr by 2031. The funding is expected to be completed by September 30, 2026.

TVS Supply Chain Solutions (TVS SCS) announced the formation of a joint venture with Italy-based ALA Group to develop opportunities in India's aerospace and defense sectors. The JV, named TVS Packaging Solutions Private Limited, will involve an investment of up to INR 10,19,00,000 by TVS SCS and INR 9,80,00,000 by ALA Group. Post-investment, TVS SCS will hold 51% and ALA Group 49% stake. The venture aims to support business expansion and targets cumulative revenues exceeding ₹2,000 Cr by 2031. The transaction is on an arm's length basis and is expected to be completed by September 30, 2026.

TVS Supply Chain Solutions Ltd announced the resignation of Mr. Ravi Viswanathan as Director and Managing Director, effective June 30, 2026. The Board of Directors, on May 25, 2026, approved the audited standalone and consolidated financial results for the year ended March 31, 2026. Mr. Vikas Chadha was appointed as Additional Director and Managing Director, effective July 1, 2026, subject to shareholder approval. The 22nd Annual General Meeting is scheduled for August 5, 2026, via video conferencing.

TVS Supply Chain Solutions Ltd reported strong Q4 and FY26 results, driven by India business momentum. Q4 revenue grew by 21.3% to ₹3,032 Cr, while full-year revenue crossed ₹11,000 Cr, a 10.1% increase. Adjusted EBITDA grew by 37.5% year-on-year, and adjusted PBT before exceptional items increased by 72.1% year-on-year. New business wins for the quarter stood at ₹524 Cr, with India business revenue growing 31.4% year-on-year. The company's Q4 PAT stood at ₹18.4 crore against a loss of ₹3.9 crore in Q4 FY25. Vikas Chadha will succeed Ravi Viswanathan as Managing Director effective July 1, 2026.

TVS Supply Chain Solutions Limited has appointed Mr. Vikas Chadha as an Additional Director and Managing Director, effective July 1, 2026, subject to shareholder approval. The appointment was approved during a Board Meeting held on May 25, 2026, where the board also approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. Mr. Ravi Viswanathan will resign as Director and step down as Managing Director effective June 30, 2026.

TVS Supply Chain Solutions Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The 22nd Annual General Meeting is scheduled for August 5, 2026, via video conferencing. Mr. Vikas Chadha was appointed as Additional Director and Managing Director effective July 1, 2026, for five years, subject to shareholder approval. Mr. Ravi Viswanathan resigned as Director and Managing Director, effective June 30, 2026.

TVS Supply Chain Solutions Ltd, through its subsidiary FIT 3PL Warehousing, has invested ₹59.56 crore in Swamy & Sons 3PL Private Limited to facilitate business expansion and strengthen capabilities in the FMCG & FMCD sectors. FIT 3PL has been allotted 40,000 equity shares, representing 80% of the paid-up share capital of the Target Entity, pursuant to this primary investment. The remaining share capital acquisition is expected to be completed by September 30, 2027.

TVS Supply Chain Solutions Ltd has filed an appeal before the Commissioner of Income Tax (Appeals) against an order issued under Section 143(3) read with Section 144C(3), pertaining to disallowance of expenses and transfer pricing adjustments. The disputed tax demand amounts to ₹8.99 crores. The company believes the demand will not have a material impact and has sought a stay on it.

TVS Supply Chain Solutions Ltd (TVS SCS) announced that its wholly-owned subsidiary, FIT 3PL Warehousing Private Limited, has allotted equity shares to TVS SCS. This follows the approval for additional funding infusion into subsidiaries for business expansion. The cost of acquisition for Tranche I is ₹59.56 Crores, with a price of ₹2700 per share. TVS SCS acquired 220,609 equity shares, maintaining 100% shareholding in FIT 3PL. The acquisition aims to facilitate business growth, with expected revenue and profit increases.

TVS Supply Chain Solutions Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026. The trading window has been closed from April 1, 2026, until 48 hours after the financial results are made public, as per the company's insider trading code.