TVS Holdings Limited

TVS Holdings Ltd announced credit rating actions from multiple agencies, with CARE Ratings Limited assigning a CARE AA+; Stable rating to Non-Convertible Redeemable Preference Shares amounting to Rs 930.68, reaffirmed its CARE AA+; Stable rating for Non-Convertible Debentures – I of Rs 750, Non-Convertible Debentures – II of Rs 200, and Non Convertible Redeemable Preference Share of Rs 930.68 (valid for 6 months from September 04, 2026, for a proposed issue), and assigned a BBB rating to Bank Loan Facilities of Rs 100 crore, alongside reaffirming ratings for Non Convertible Debentures of Rs 750.00 and Rs 200.00, while CARE Ratings Ltd. also assigned a BBB rating with a Stable outlook to Long-term bank loan facilities of Rs 100 crore and a BBB+ rating with a Stable outlook to Long-term bank loan facilities of Rs 100 crore, noting the right to revise/reaffirm/withdraw ratings periodically, and further indicated that ratings for certain bank facilities are unavailable due to the issuer not cooperating, alongside a general statement regarding the review process; CareEdge Ratings provided a rating reflecting opinions as on the date of the rating for bank facilities/instruments without specifying amounts or ratings.

TVS Holdings Limited, formerly known as Sundaram-Clayton Limited, announced that a scheme of arrangement between the company and its shareholders has become effective from August 27, 2026, following the filing of Form INC 28 with the Registrar of Companies in Chennai, Tamil Nadu. As part of the scheme, TVS Holdings Limited will issue 46 6% cumulative non-convertible redeemable preference shares of INR 10 each for every one fully paid up equity share of INR 5 held, utilizing its retained earnings, with September 8, 2026, set as the record date for eligible shareholders.

TVS Holdings Limited announced that its subsidiary, Home Credit India Finance Private Limited, has received board approval for a composite scheme of amalgamation involving STPL Trading and Services Private Limited, TVS Housing Finance Private Limited, and TVS Credit Services Limited. The scheme, which is subject to regulatory approvals including those from the Reserve Bank of India and the Competition Commission of India, aims to consolidate the group structure and streamline operations, leading to synergies and long-term sustainable growth. The amalgamation will involve the issuance of equity shares by Home Credit India Finance Private Limited to shareholders of STPL Trading and Services Private Limited and TVS Credit Services Limited, with share exchange ratios determined by Bansi S Mehta Valuers LLP.

Mahindra & Mahindra Financial Services Ltd, CRISIL Ltd, Trident Ltd, Bandhan Bank Ltd are among the other stocks to see a surge in volumes on BSE today, 22 July 2026.TVS Holdings Ltd witnessed volume of 2633 shares by 10:46 IST on BSE, a 10.62 times surge over two-week average daily volume of 248 shares. The stock increased 3.62% to Rs.14,772.15. Volumes stood at 620 shares in the last session.Mahindra & Mahindra Financial Services Ltd witnessed volume of 26.18 lakh shares by 10:46 IST on BSE, a 7.29 times surge over two-week average daily volume of 3.59 lakh shares. The stock increased 9.11% to Rs.382.60. Volumes stood at 11.43 lakh shares in the last session.CRISIL Ltd notched up volume of 27304 shares by 10:46 IST on BSE, a 7.13 fold spurt over two-week average daily volume of 3832 shares. The stock rose 4.99% to Rs.4,516.70. Volumes stood at 10667 shares in the last session.Trident Ltd clocked volume of 31.02 lakh shares by 10:46 IST on BSE, a 6.79 times surge over two-week average daily volume of 4.57 lakh shares. The stock gained 2.39% to Rs.25.74. Volumes stood at 3.65 lakh shares in the last session.Bandhan Bank Ltd witnessed volume of 39.28 lakh shares by 10:46 IST on BSE, a 6.77 times surge over two-week average daily volume of 5.80 lakh shares. The stock dropped 15.27% to Rs.176.75. Volumes stood at 4.8 lakh shares in the last session.Powered by Capital Market - Live

Net profit of TVS Holdings rose 81.87% to Rs 610.25 crore in the quarter ended June 2026 as against Rs 335.55 crore during the previous quarter ended June 2025. Sales rose 34.51% to Rs 16406.50 crore in the quarter ended June 2026 as against Rs 12196.81 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales16406.5012196.81 35 OPM %16.9216.41 - PBDT2073.641350.45 54 PBT1692.521018.58 66 NP610.25335.55 82 Powered by Capital Market - Live

TVS Holdings will hold a meeting of the Board of Directors of the Company on 21 July 2026.

TVS Holdings announced that the 64th Annual General Meeting(AGM) of the company will be held on 22 July 2026.

The board of TVS Holdings at its meeting held on 13 May 2026 has approved raising of funds through the issuance of non-convertible debentures and/or commercial papers and/or availing of other permissible borrowings, up to Rs 1,100 crore.

TVS Holdings will hold a meeting of the Board of Directors of the Company on 13 May 2026.

TVS Holdings has received reaffirmation in credit ratings from CRISIL Ratings as under: Long term bank facility (Rs 650 crore) - CRISIL AA+; Stable (Withdrawn) Non convertible debentures (Rs 1000 crore) - CRISIL AA+; Stable (Reaffirmed)