Description

BSE lists 1,11,60,093 equity shares of TVS Electronics Limited 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) on the Exchange, effective 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 and permitted for trading from February 26, 2026
  • Shares issued under the Scheme of Amalgamation of TVS Investments Private Limited into TVS Electronics Limited
  • ISIN: INE236G01019
  • Distribution Numbers: 18650319 to 29810411
  • Date of Allotment: December 23, 2025
  • New shares rank pari-passu with existing equity shares of TVS Electronics Limited
  • Issued under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013

Regulatory Changes

No new regulatory changes. This circular implements the outcome of a court/NCLT-approved Scheme of Amalgamation between TVS Investments Private Limited and TVS Electronics Limited.

Compliance Requirements

  • Market participants are informed that the new securities are listed and available for trading from February 26, 2026
  • No additional compliance action is required from general market participants
  • The amalgamation has already been completed and shares allotted on December 23, 2025

Important Dates

  • Date of Allotment: December 23, 2025
  • Listing & Trading Effective Date: February 26, 2026
  • Circular Date: February 25, 2026

Impact Assessment

The listing increases the total equity share capital of TVS Electronics Limited by 1,11,60,093 shares. Since these shares are pari-passu with existing shares, existing shareholders may see a dilution effect. The amalgamation of TVS Investments Private Limited into TVS Electronics consolidates the TVS group structure. Trading volumes may see a short-term increase as newly allotted shareholders begin trading their shares from February 26, 2026.

Impact Justification

Routine listing of new equity shares pursuant to a completed amalgamation scheme; affects existing shareholders of TVS Electronics and TVS Investments Private Limited but represents a standard corporate restructuring event.