TVS Motor redeems bonus 6 percent NCRPS at maturity

Corporate Actions View source PDF Explain this filing

TVSMOTOR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-0.2%Reaction day

₹4203.00

prior close

₹4168.00

announcement price

After-mkt

timing

Nifty 100market-0.5%+0.3% vs market

2/3 Wheelers peers, median of 8sector-2.8%+2.6% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty 100 and 2.6 pts more than its 2/3 Wheelers 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

-0.5

10m

-0.7

15m

-1.0

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2-0.5+0.3-2.8+2.6

Next day

-0.4-0.6+0.1-3.5+3.1

-1.4-0.5-0.9-3.6+2.2

-1.5-1.0-0.4-3.8+2.4

-1.7-1.4-0.3-2.9+1.2

-1.2-2.1+0.9-4.4+3.1

-1.9-2.4+0.6-4.7+2.8

15d

-2.7-3.7+1.1-4.2+1.5

-4.1-6.0+1.9-10.5+6.4

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UpDownMarket · Nifty 100Sector · 2/3 Wheelers peers, median of 8Pending

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

AI summary

TVS Motor has fully redeemed 190,03,48,456 bonus 6 percent cumulative non-convertible redeemable preference shares (NCRPS) at Rs.10 each on 1 Sept 2026. Total redemption amount Rs.1,900.34 crore and final coupon payment of Rs.114.02 crore paid on schedule. Outstanding NCRPS now nil and instrument stands extinguished.

Likely market impact

NCRPS were earlier bonus-issued to shareholders. Full redemption at face value returns capital as planned; equity shareholding unaffected.