Tube Investments of India Limited has confirmed that the promoters and promoter group have not created any encumbrance on their shares during the financial year 2025-26. The disclosure, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, assures that no shares have been pledged directly or indirectly beyond those previously disclosed to the target company.

The confirmation was communicated to the Audit Committee of Tube Investments of India Limited in accordance with Regulation 31(5)(b) of the regulations. M M Murugappan, Director of Ambadi Investments Limited, signed the disclosure on April 7, 2026, in Chennai. The filing covers a comprehensive list of shareholders categorized as either Promoters or members of the Promoter Group.

Shareholder Classification

The disclosure identifies a wide array of entities and individuals holding promoter status. Key individuals listed include M V Subbiah, S Vellayan, V Narayanan, and M A M Arunachalam. The list also includes various family members associated with these individuals, categorized under the Promoter Group.

Corporate entities identified as Promoters include Ambadi Investments Limited, Ambadi Enterprises Ltd, Carborundum Universal Limited, and E.I.D. Parry (India) Ltd. Several trusts and holding companies, such as Murugappa Educational and Medical Foundation and M A Alagappan Holdings Private Limited, are listed under the Promoter Group category.

Promoter Group Entities

A significant number of subsidiaries and associated companies fall under the Promoter Group. These include entities from the Coromandel and Cholamandalam groups, such as Coromandel International Ltd, Cholamandalam Investment and Finance Co. Ltd, and Cholamandalam MS General Insurance Company Ltd. International entities like Coromandel Agronegocios De Mexico S.A. DE C.V. and CUMI America Inc are also included in this category.

The list further details specific trusts holding shares on behalf of promoters, such as the Shambho Trust and Saraswathi Trust. Recent additions or name changes, such as TI Clean Mobility Private Limited and TI Medical Private Limited, are also noted within the Promoter Group classification.

Shanthi Gears Limited has convened its 53rd Annual General Meeting (AGM) for Wednesday, July 29, 2026, at 4.30 PM. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with regulatory relaxations provided by the Ministry of Corporate Affairs and SEBI. The notice regarding the meeting was published in the Dinamani and Business Standard newspapers on June 26, 2026.

The Board of Directors has recommended a final dividend of ₹2 per equity share of ₹1 each for the financial year ended March 31, 2026. This is in addition to the interim dividend of ₹3 per share paid on February 20, 2026, bringing the total dividend for the financial year 2025-26 to ₹5 per share. The final dividend, subject to shareholder approval at the AGM, will be paid within 30 days from the meeting date.

Distribution of Documents

The company stated that the Notice of the 53rd AGM, the Annual Report, and other related documents will be distributed exclusively through electronic mode. Shareholders will receive these documents at the email addresses registered with their Depository Participants or the Registrar and Transfer Agent. No physical copies of the notice or annual report will be dispatched.

Shareholders holding shares in demat form who have not registered their email addresses are requested to update the details with their respective Depository Participants. Those holding physical shares must register their email addresses with the Registrar and Transfer Agent, MUGF Intime Private Limited, to receive the soft copies of the AGM documents.

Meeting Details and Participation

Detailed instructions for participating in the 53rd AGM via video conferencing, including procedures for remote e-voting, are outlined in the official notice. The AGM documents are also available on the company’s website, the websites of BSE Limited and National Stock Exchange of India Limited, and the Registrar’s portal.

Key AGM Information