TVS Electronics has submitted copies of the newspaper publications regarding its 31st Annual General Meeting (AGM) to BSE Limited and the National Stock Exchange of India Limited. The submission was made in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The 31st AGM is scheduled to be held on Saturday, August 8, 2026, at 10:00 AM through Video Conferencing or Other Audio Visual Means (VC/OAVM). The notice for the meeting was published in the Financial Express (English- All India Edition) and Makkal Kural (Tamil), both dated July 7, 2026.

Meeting Details

The company has confirmed that the meeting will be conducted without the physical presence of members at a common venue, in accordance with the relevant circulars issued by the Ministry of Corporate Affairs. The notice and annual report for the financial year 2025-26 will be sent electronically to members whose email addresses are registered with the company or its Registrar and Share Transfer Agent.

TVS Electronics Limited disclosed a material pending litigation with the Employees' Provident Fund Organisation (EPFO) involving damages of ₹12.78 Lakhs. The dispute pertains to the assessment period from April 2014 to June 2015, stemming from a difference in the interpretation of "Basic Wages" for provident fund contributions. The EPFO had included certain allowances for employees whose basic wages were below the statutory wage ceiling, leading to the demand. The company has already paid the differential provident fund contribution amount during 2020.

The Central Government Industrial Tribunal-CUM-Labour Court, Chennai, granted partial relief by reducing the damages by 45% from ₹23.24 Lakhs to ₹12.78 Lakhs. Of the reduced amount, ₹6.00 Lakhs has already been deposited by the company. The remaining liability represents the financial implication currently disclosed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Following the Tribunal's order, TVS Electronics has filed a Writ Petition before the Madras High Court in the first appeal. The company is seeking further relief against the damages awarded by the Tribunal. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular.

Details of the Litigation