The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for VS Trust
TVSMOTOR · price
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VS Trust, a member of the promoter group of TVS Motor Company, acquired 5,56,375 equity shares of TVS Holdings Limited from Sundaram Finance Holdings Limited on 9th May 2025 via an inter-se transfer. TVS Holdings holds 50.26% of TVS Motor, so this results in an indirect acquisition of voting rights in TVS Motor. However, the total promoter and promoter group shareholding in TVS Motor remains unchanged at 50.27% before and after the transaction. The disclosure has been filed out of abundant caution, and no direct shares of TVS Motor were bought or sold.
This is an internal reshuffling within the TVS promoter group entities and has no impact on the actual promoter shareholding in TVS Motor or on minority shareholders. Investors should view this as a neutral, routine disclosure with no effect on stock price or control of the company.