Independent Director Sasikala Varadachari completes her tenure

Management Changes View source PDF Explain this filing

TVSHLTD · price

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Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹10856.00

prior close

₹10910.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.5% vs market

Investment Company peers, median of 61sector+0.0%+0.9% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.9 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.9+0.4+0.5+0.0+0.9

Next day

+6.1+2.1+4.0+0.9+5.2

+8.7pendingpending+1.2+7.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 61Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sasikala Varadachari ceased to be TVS Holdings’ Non-Executive Independent Director after her tenure ended on October 23, 2026. She also stepped down as chairperson of the Audit and Nomination and Remuneration Committees and as a member of four other board committees.

Likely market impact

This is a planned board change. No direct financial impact was disclosed, but committee oversight will change until replacements are appointed.