TVS Electronics amalgamation shifts promoter shareholding

TVS Electronics Limited announced on December 24, 2025, that 11,160,093 equity shares previously held by TVS Investments Private Limited (transferor company) in TVS Electronics Limited (transferee company) have been cancelled. This action follows a Scheme of Amalgamation sanctioned by the National Company Law Tribunal, Chennai Bench, on November 27, 2025. Subsequently, an equal number of new fully paid-up equity shares of TVS Electronics were allotted on December 23, 2025, to the transferor company's shareholders.

The amalgamation resulted in substantial changes to the promoter shareholding. Gopal Srinivasan, a promoter, now holds 11,135,183 shares, representing 59.71% of the total share capital, up from a pre-transaction holding of 150 shares (0.00%). Srilalitha Gopal, also from the promoter group, now holds 60 shares (0.00%). Overall, the total promoter and promoter group shareholding post-transaction is 11,147,743 shares, or 59.78%.