Tvs Supply Chain Solutions Limited has regarding proceedings of Court Convened Unsecured Creditors Meeting held on July 30, 2025.
TVSSCS · price
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On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.2 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TVS Supply Chain Solutions Limited held an NCLT-convened meeting of its unsecured creditors on July 30, 2025, via video conferencing, chaired by former NCLT member Mr. L N Gupta. The meeting was to consider a Scheme of Amalgamation involving five entities — Mahogany Logistics Services, TVS SCS Global Freight Solutions, White Data Systems India, SPC International India, and FLEXOL Packaging India — merging into TVS Supply Chain Solutions under Sections 230-232 of the Companies Act. Remote e-voting was held from July 27-29 and e-voting at the meeting ran from 3:18 PM to 3:48 PM. The final voting results from the scrutinizer are awaited and will be announced separately to the stock exchanges.
The voting outcome from this unsecured creditors' meeting is a key milestone for the proposed amalgamation. Shareholders should watch for the scrutnizer's consolidated report and further NCLT hearings, as approval here moves the scheme closer to completion which would consolidate five logistics entities into the listed company.