TVS Srichakra exits investment in promoter group firm TASL Automobile

Ownership Changes View source PDF Explain this filing

TVSSRICHAK · 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

-2.7%Reaction day

₹4344.60

prior close

₹4262.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.8%+0.0% vs market

Tyres & Rubber Products peers, median of 16sector-1.1%-1.6% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 1.6 pts less than its Tyres & Rubber Products 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

-0.4

10m

-0.2

15m

-0.2

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-2.8+0.0-1.1-1.6

Next day

+0.8-2.5+3.3-0.9+1.7

-1.6-1.7+0.1-0.4-1.2

-0.6-1.5+0.9-0.1-0.5

-0.2-0.8+0.6-0.1-0.2

-2.1-2.4+0.4-0.1-1.9

-0.2-3.4+3.1-0.5+0.2

15d

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UpDownMarket · Nifty Microcap 250Sector · Tyres & Rubber Products peers, median of 16Pending

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

AI summary

TVS Srichakra held 9,11,741 equity shares (7.58%) in promoter group company TASL Automobile Solutions. Through a selective capital reduction scheme approved by NCLT and effective October 7, 2026, the company received Rs. 34.44 Crore cash at Rs. 377.70 per share. Its entire holding in TASL Automobile now stands cancelled and extinguished.

Likely market impact

Company realizes Rs. 34.44 Crore from promoter group investment; small positive on cash position, no impact on core operations.