TVS Holdings Ltd

📢 TVS Holdings Announces Bonus NCRPS Issue – Key Details Inside

- Bonus NCRPS Ratio: 46 NCRPS (₹10 each) for every 1 equity share (₹5 face value) held on Record Date.

- Total Issue Size: Approximately ₹986.52 Crore.

- Coupon Rate: 6% per annum, payable annually.

- Redemption: NCRPS redeemable after 12 months at ₹10 per share plus accrued interest.

- Listing: Proposed on NSE & BSE (where equity shares are currently listed).

- Funding: To be sourced from company’s general reserves/retained earnings.

- Current Share Capital (as of 22nd Sept 2025): ₹10,11,60,520.

- Retained Earnings (as of 31st March 2025): ₹1,456.26 crore.