Bonus Issue Update and Unpledging of TVS Holdings

TVS Holdings Limited has announced the issue of 6% Cumulative Non-Convertible Redeemable Preference Shares (NCRPS). The record date for determining eligible shareholders is 8th September 2026.

As part of this corporate action, all margin-pledged TVS Holdings shares will be unpledged today, 7th September 2026.

For margin pledge clients

• The shares will continue to remain visible in your holdings after they are unpledged.
• The collateral value provided by these shares will be removed.
• Please maintain sufficient funds or collateral to meet your margin requirements and avoid RMS square-off.

Bonus issue details

• Eligible shareholders will receive 46 NCRPS for every 1 fully paid-up equity share of TVS Holdings held.
• Each NCRPS will have a face value of ₹10.
• The NCRPS will be credited after the company completes the required corporate-action formalities.
• Trading will begin after the NCRPS are listed on the exchange.

For more information, refer to the BSE circular here