Description
BSE lists 1,11,60,093 new equity shares of TVS Electronics Limited effective February 26, 2026, issued pursuant to the Scheme of Amalgamation with TVS Investments Private Limited.
Summary
BSE has notified market participants that 1,11,60,093 new equity shares of TVS Electronics Limited (Scrip Code: 532513) are listed and permitted for trading on the Exchange with effect from February 26, 2026. These shares were issued pursuant to the Scheme of Amalgamation of TVS Investments Private Limited (Transferor Company) with TVS Electronics Limited (Transferee Company) under Sections 230 to 232 of the Companies Act, 2013.
Key Points
- 1,11,60,093 new equity shares of Rs. 10/- each are listed on BSE effective February 26, 2026
- Shares issued under the Scheme of Amalgamation of TVS Investments Private Limited with TVS Electronics Limited
- New shares rank pari-passu with existing equity shares of TVS Electronics Limited
- ISIN: INE236G01019
- Distinctive Numbers: 18650319 to 29810411
- Date of Allotment: December 23, 2025
- Notice No: 20260225-23
Regulatory Changes
No new regulatory changes. The amalgamation was sanctioned under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, a standard statutory process for mergers and amalgamations in India.
Compliance Requirements
- Market participants and trading members should update their systems to reflect the increased share capital of TVS Electronics Limited (Scrip Code: 532513)
- The new shares carry identical rights as existing shares (pari-passu status), requiring no special handling in trading or settlement
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | December 23, 2025 |
| Listing & Trading Effective Date | February 26, 2026 |
| Circular Date | February 25, 2026 |
Impact Assessment
The listing adds approximately 1.116 crore new equity shares to the tradable float of TVS Electronics Limited, which may modestly increase liquidity. Since the shares are pari-passu with existing shares, there is no differential impact on rights or dividends. The amalgamation with TVS Investments Private Limited (a group entity) represents a consolidation within the TVS group structure. Existing shareholders of TVS Electronics should note the expanded share capital when evaluating per-share metrics.
Impact Justification
Routine listing of new shares from a completed amalgamation scheme; affects existing shareholders of TVS Electronics and TVS Investments Private Limited but is a standard corporate action with no broad market impact.