TVS Holdings board to weigh bonus preference share issue

TVS Holdings Limited announced its board of directors will meet on Monday, September 22, 2025. The primary agenda for this meeting is to consider and approve the issuance of cumulative non-convertible redeemable preference shares. These shares are proposed to be distributed by way of bonus to the existing shareholders of the company.

This intimation is being made in compliance with regulations 29 and 50 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was communicated to both BSE Limited and the National Stock Exchange of India Ltd. on September 16, 2025.

Company secretary R Raja Prakash signed the notice, which was sent from the company's registered office in Chennai. The proposed issuance of preference shares could impact the company's capital structure and shareholder returns, making the upcoming board meeting a key event for investors.