TVS Motor Company Limited — JV/Acquisition, 08-05-2026: Amalgamation/Merger

NCLT Chennai has approved the merger of Sundaram Auto Components with its parent, TVS Motor, effective upon order filing. The amalgamation aims to simplify the group structure, drive operational synergies, consolidate assets, and enhance stakeholder value by reducing compliance and administrative costs. As Sundaram Auto Components is a wholly-owned subsidiary, no new shares will be issued by TVS Motor, and its existing shares will be cancelled. This means no shareholding dilution for TVS Motor investors. The Appointed Date for the merger is April 1, 2025. This strategic move streamlines operations for long-term sustainable growth.