VS Trust has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
TVSHLTD · price
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VS Trust, a member of the promoter group of TVS Holdings, has acquired 5,56,375 equity shares (2.75% of equity capital) from Sundaram Finance Holdings Limited, another promoter group entity, at Rs. 9,008.30 per share on 9 May 2025. This was an inter-se transfer within the promoter group done as part of an internal restructuring exercise and is exempt from an open offer under Regulation 10(1)(a)(ii). Post-transaction, VS Trust's holding rose from 63.80% to 66.55%, while Sundaram Finance Holdings' stake fell from 6.49% to 3.74%. The total promoter group holding remains unchanged at 74.45%.
This is a reshuffle within the promoter group and not a change in actual promoter ownership of the company, so there is no material impact on minority shareholders or the stock. Investors should note that control and total promoter stake remain the same — the transfer simply consolidates more shares under VS Trust.