Description

BSE lists 1,11,60,093 equity shares of TVS Electronics Limited (Scrip Code: 532513) issued pursuant to the Scheme of Amalgamation of TVS Investments Private Limited with TVS Electronics Limited, effective February 26, 2026.

Summary

BSE has listed 1,11,60,093 equity shares of TVS Electronics Limited (Scrip Code: 532513, ISIN: INE236G01019) issued under the Scheme of Amalgamation of TVS Investments Private Limited (Transferor Company) with TVS Electronics Limited (Transferee Company). These shares are admitted to trading on the Exchange effective February 26, 2026.

Key Points

  • 1,11,60,093 new equity shares of Rs. 10/- each are listed on BSE effective Thursday, February 26, 2026
  • Shares issued pursuant to the Scheme of Amalgamation under Sections 230–232 of the Companies Act, 2013
  • Transferor Company: TVS Investments Private Limited; Transferee Company: TVS Electronics Limited
  • New shares rank pari-passu with existing equity shares of TVS Electronics Limited
  • ISIN: INE236G01019
  • Distinctive Numbers: 18650319 to 29810411

Regulatory Changes

No new regulatory changes. The listing is pursuant to an existing court/NCLT-approved Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013.

Compliance Requirements

  • Market participants are informed to update their records to reflect the new securities available for trading under Scrip Code 532513
  • No additional compliance actions required for general market participants; this is an informational notice

Important Dates

  • Date of Allotment: December 23, 2025
  • Effective Trading Date: February 26, 2026
  • Notice Date: February 25, 2026

Impact Assessment

The listing increases the total share count of TVS Electronics Limited by 1,11,60,093 shares, which may have a dilutive effect on existing shareholders. Since these shares rank pari-passu, holders are entitled to the same rights as existing shareholders. The amalgamation of TVS Investments Private Limited into TVS Electronics Limited consolidates the group structure. Market participants should note the expanded float when assessing liquidity and valuation metrics for the scrip.

Impact Justification

Routine listing of shares issued under a court-approved amalgamation scheme; affects existing and new shareholders of TVS Electronics but does not represent a new IPO or major regulatory change.