TVS Motor Company Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
TVSMOTOR · price
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TVS Motor Company has updated its Memorandum of Association (MOA) to reflect a significant increase in authorized share capital following a Scheme of Arrangement sanctioned by the NCLT. The NCLT order was passed on July 31, 2025, and the scheme became effective on August 12, 2025. The authorized share capital has risen from Rs 50 crore to Rs 2,050 crore, now comprising 50 crore equity shares of Re 1 each and 200 crore preference shares of Rs 10 each. This new structure gives the company the ability to raise funds through preference shares in the future. Filings reflecting the amended MOA have been submitted to the Registrar of Companies, Chennai.
This is a capital structure restructuring that equips TVS Motor with the flexibility to issue preference shares for future fundraising, without any immediate dilution to existing equity shareholders. Investors should view this as a preparatory step that may be used to raise long-term capital.