TVS Holdings Limited has submitted the Exchange the details of voting results of the meeting of Equity Shareholders of TVS Holdings Limited ( Company ) convened on Friday, 24th April 2026 pursuant to the Order of Hon ble National Company Law Tribunal, Chennai Bench and Scrutinizers Report
TVSHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TVS Holdings Limited held an equity shareholder meeting on 24th April 2026, convened by order of the NCLT Chennai Bench, to seek approval for a Scheme of Arrangement under Sections 230-232 of the Companies Act, 2013. The resolution was passed overwhelmingly with 99.9977% votes in favor (17,722,784 votes for vs. 410 against) out of 20,232,104 total equity shares. The meeting was conducted via video conferencing due to NCLT directions. A scrutinizer appointed by NCLT supervised the remote e-voting and e-voting during the meeting. The scheme now awaits further NCLT sanction and any additional regulatory approvals before implementation.
The near-unanimous approval clears a major hurdle for the proposed scheme. The stock may see positive sentiment as the restructuring moves a step closer to completion, pending final NCLT sanction.