TVS Electronics Limited has submitted copies of the newspaper publications regarding the Notice of its 31st Annual General Meeting (AGM) to the stock exchanges. The AGM is scheduled for Saturday, August 08, 2026, at 10:00 a.m. IST via Video Conferencing and Other Audio Visual Means (VC/OAVM). The Notice was published in the Financial Express (English-All India Edition) and Makkal Kural (Tamil) on July 18, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company recently returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹1.26 crore compared to a loss of ₹3.88 crore in the previous year. Revenue from operations increased 6% to ₹455.20 crore from ₹430.50 crore in FY 2024-25. The turnaround was driven by operational efficiencies, prudent cost management, and an improved business mix.

The Products & Solutions (PSG) segment revenue grew to ₹316.41 crore from ₹307.32 crore, while the Customer Support Services (CSS) segment revenue rose to ₹138.79 crore from ₹123.19 crore. Profit Before Tax (before exceptional items) improved to ₹1.29 crore from a loss of ₹6.79 crore. The company reported an exceptional item of ₹0.74 crore related to the statutory impact of new Labour Codes.

The board has proposed the re-appointment of Mrs. Srilalitha Gopal, Managing Director, who retires by rotation. Shareholders will also consider the ratification of remuneration payable to the Cost Auditor, Mr. P. Raju Iyer, fixed at ₹1,50,000 plus taxes for FY 2026-27. Additionally, the company seeks approval to pay a minimum remuneration of ₹2 crore per annum to Mrs. Srilalitha Gopal for the remaining tenure of her appointment up to May 10, 2028, pursuant to Schedule V of the Companies Act, 2013.

Remote e-voting will be available from August 05, 2026, to August 07, 2026. The company has transferred 20,700 equity shares to the Investor Education and Protection Fund (IEPF) during FY 2025-26 as dividends remained unclaimed for seven consecutive years.

Financial Performance for FY 2025-26

TVS Electronics has entered into a non-exclusive Strategic Alliance Memorandum of Understanding (MoU) on July 14, 2026, with an established cybersecurity solutions provider in India to jointly explore business opportunities in cybersecurity, information security, and digital transformation. The collaboration aims to leverage the complementary strengths of both organizations to identify and pursue mutually beneficial opportunities across enterprise and government sectors, including technology integration, joint marketing, and participation in tenders. The MoU is valid for an initial period of one year and operates on a principal-to-principal basis without creating any partnership, joint venture, or mandatory financial commitment.

Strategic Framework and Scope

The MoU establishes a broad framework for strategic collaboration to jointly explore, develop, market, implement, and support business opportunities in areas such as cloud infrastructure, AI-enabled platforms, enterprise technology solutions, managed services, and infrastructure solutions. The arrangement is non-exclusive and does not involve any consideration paid or received at the signing stage. Commercial terms, scope of work, investment commitments, and revenue-sharing arrangements will be governed through separate definitive agreements executed on a case-to-case basis for specific projects.

Key Agreement Parameters

The strategic alliance is expected to enhance market reach and strengthen technology capabilities, though no assured revenue or financial benefit arises solely from the execution of the MoU. The company disclosed the details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE236G01019/17d3cf919bbd4333.pdf