TVS Holdings Ltd

📌 VS Trust Pledges Shares Worth ₹270 Cr in TVS Holdings – Key Details

- VS Trust created an encumbrance on 1,80,000 equity shares of TVS Holdings Ltd (THL).

- Pledge agreement dated 7th November 2025 with HSBC InvestDirect Financial Services (India) Ltd.

- Facility amount: ₹135 Crore.

- Pledged shares valued at ₹270.22 Crore, with a security cover ratio of 2.00.

- Post-pledge, VS Trust’s total encumbered shares in THL: 36,53,575 (18.06% of total share capital).

- Borrowing purpose: 'General Purpose'.