TVS Motor Company Limited — Important, 28-01-2025: Updates

The Board of Directors has approved a proposal to seek shareholder consent through a Postal Ballot for the re-appointment of Mr. Venu Srinivasan as Chairman Emeritus and Managing Director for an additional five-year term starting from April 24, 2025. This initiative indicates the board's confidence in Mr. Srinivasan's leadership, potentially providing stability at the top level during a crucial period for the company. Shareholders should consider this development closely, as the continuity in leadership may align with ongoing strategic goals and support long-term performance.