TVS Holdings Limited — Dividend/Bonus, 22-09-2025: Bonus
22-09-2025 | 05:25 pm
22-09-2025 | 05:25 pm
TVS Holdings plans a bonus issue of Non-Convertible Redeemable Preference Shares (NCRPS) at a 46:1 ratio (46 NCRPS of Rs 10 each for every 1 equity share of Rs 5). This move is aimed at rewarding shareholders by utilizing general reserves. Eligible shareholders on a future Record Date will receive these bonus NCRPS, pending NCLT approval. This will significantly increase the company's preference share capital by approximately Rs 930.68 Cr. The NCRPS will be listed, potentially enhancing liquidity for these instruments.
No comments yet. Be the first to comment!
