TVS Holdings Ltd

📢 TVS Holdings Announces Bonus NCRPS Issue – Key Details Inside

- TVS Holdings will issue 46 Non-Convertible Redeemable Preference Shares (NCRPS) for every 1 equity share held.

- Each NCRPS has a face value of INR 10, while equity shares are INR 5 each.

- The NCRPS will be redeemed after 15 months, with an early redemption option after 12 months.

- The bonus issue will utilize general reserves/retained earnings, requiring INR 986.52 Crore.

- Retained earnings and securities premium as of 31st March 2025: INR 1,456.26 crore.

- Post-issue, the capital will include 93,06,76,784 NCRPS (total value: INR 930,67,67,840).

- NCRPS will carry a 6% annual coupon rate, paid yearly with redemption.

- The bonus NCRPS will be listed on NSE and BSE.