TVS Holdings Limited — Others, 30-04-2025: Disclosure under SEBI Takeover Regulations

VS Trust, part of the promoter group of TVS Holdings Limited, plans to acquire up to 5,56,375 equity shares (2.75%) from Sundaram Finance Holdings Limited as part of an internal restructuring. Following this transaction, VS Trust's stake in TVS Holdings will rise from 63.80% to 66.55%, while Sundaram Finance Holdings' share will decline from 6.49% to 3.74%. This acquisition is exempt from the open offer requirement under SEBI Takeover Regulations, indicating a strategic consolidation within the promoter group that could enhance control and stability over TVS Holdings.