TVS Holdings Limited Opens Special Window for Physical Securities Transfer and Dematerialization

2 min read     Updated on 28 Mar 2026, 06:27 AM
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Radhika SScanX News Team
AI Summary

TVS Holdings Limited has opened a special window facility until February 04, 2027, for transfer and dematerialization of physical securities sold/purchased before April 01, 2019, following SEBI circular dated January 30, 2026. The facility includes previously rejected transfer requests and requires specific documentation including original certificates and transfer deeds. Securities transferred will be credited only in demat mode with a mandatory one-year lock-in period during which they cannot be transferred, lien-marked, or pledged.

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TVS Holdings Limited has announced the implementation of a special window facility to assist investors with the transfer and dematerialization of physical securities, following regulatory guidelines issued by the Securities and Exchange Board of India (SEBI).

Special Window Implementation

Pursuant to SEBI circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/202 dated January 30, 2026, the company has opened a special window until February 04, 2027. This facility aims to provide investors with rightful access to their securities for transfer and dematerialization of physical securities that were sold or purchased prior to April 01, 2019.

The special window will also accommodate transfer requests that were previously submitted but rejected, returned, or not attended to due to deficiencies in documents, processes, or other reasons.

Eligibility Criteria

The company has provided a clear matrix to determine eligibility for this special window:

Execution Date of Transfer Deed Lodged for transfer before April 01, 2019? Original Security Certificate Available? Eligible to lodge in the current window?
Before April 01, 2019 No (it is fresh lodgement) Yes ✓
Before April 01, 2019 Yes (it was rejected / returned earlier) Yes ✓
Before April 01, 2019 Yes No ✗
Before April 01, 2019 No No ✗

Excluded Cases

Certain cases will not be considered for processing under this special window:

  • Cases involving disputes between the transferor and transferee, which may be settled via Court or NCLT process
  • Securities that have already been transferred to the Investor Education and Protection Fund (IEPF)

Required Documentation

Eligible investors must submit their transfer requests along with comprehensive documentation:

  • Original security certificate(s)
  • Transfer deed executed prior to April 01, 2019
  • Proof of purchase by transferee, as may be available
  • KYC documents of the transferee (as per ISR forms available on company website)
  • Latest Client Master List (CML), not older than 2 months, of the demat account of the transferee, duly attested by the Depository Participant
  • Undertaking cum Indemnity as per the format mentioned in SEBI Circular

All documentation should be submitted to Integrated Registry Management Services Private Limited, the company's Registrar and Share Transfer Agent (RTA).

Important Conditions

The special window comes with specific mandatory conditions:

Condition Details
Demat Mode Only Securities transferred under this window shall be mandatorily credited to the transferee only in Demat mode
Lock-in Period Securities shall remain under mandatory lock-in for one year from the date of registration of transfer
Restrictions During lock-in period, securities cannot be transferred, lien-marked, or pledged

Contact Information

For further information or clarification, shareholders may contact the RTA by sending an email to einward@integratedindia.in or the company's Secretarial Department at corpsec@tvsholdings.com .

Additional Recommendations

The company has also advised shareholders holding shares in physical form to update their KYC details to facilitate electronic credit of unclaimed dividends to their bank accounts. Shareholders are requested to convert their physical share certificates into dematerialized form and claim their unclaimed dividend amounts promptly, as these will be transferred to the IEPF after seven years along with the corresponding shares.

Historical Stock Returns for TVS Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.65%-0.76%-7.45%+9.41%+61.51%+356.90%

Will other listed companies follow TVS Holdings' approach in implementing similar special windows for physical securities transfer?

How might the one-year lock-in period impact TVS Holdings' stock liquidity and trading volumes?

What happens to investors who miss the February 2027 deadline for utilizing this special window facility?

TVS Holdings Limited Declares Interim Dividend of ₹86 Per Share Under Regulation 42

2 min read     Updated on 25 Mar 2026, 04:49 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

TVS Holdings Limited has declared an interim dividend of ₹86 per share for FY26, representing a 1720% dividend rate on face value of ₹5. The total dividend payout amounts to ₹174 crore on 2,02,32,104 equity shares, with April 2, 2026 set as record date for eligible shareholders.

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TVS Holdings Limited has officially declared an interim dividend of ₹86 per share for the financial year ending March 31, 2026, following its board meeting held on March 25, 2026. The dividend declaration, made under Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, represents a substantial 1720% dividend rate on the face value of ₹5 per share.

Dividend Declaration Details

The board of directors approved the interim dividend distribution on 2,02,32,104 equity shares of ₹5 each, fully paid up, absorbing a total sum of ₹174 crore. The company has set April 2, 2026, as the record date for determining eligible shareholders for the dividend payment.

Parameter: Details
Dividend Per Share: ₹86.00
Dividend Rate: 1720%
Total Shares: 2,02,32,104 equity shares
Face Value: ₹5.00 per share
Total Dividend Amount: ₹174 crore
Record Date: April 2, 2026
Financial Year: Ending March 31, 2026

Board Meeting and Regulatory Compliance

The board meeting commenced at 10:00 AM and concluded at 11:05 AM on March 25, 2026. This meeting was previously announced through an official regulatory filing dated March 18, 2026, ensuring full compliance with SEBI regulations. The dividend will be paid within 30 days from the declaration date, as mandated by the Companies Act, 2013. Company Secretary R Raja Prakash digitally signed the official communication at 11:13:24 AM on March 25, 2026.

Meeting Details: Information
Meeting Date: March 25, 2026
Meeting Duration: 10:00 AM to 11:05 AM
Initial Intimation: March 18, 2026
Regulatory Framework: Regulation 42 of SEBI (LODR) Regulations, 2015
Payment Timeline: Within 30 days from declaration
Company Secretary: R Raja Prakash
Digital Signature Time: 11:13:24 +05'30'

Stock Exchange Communication

TVS Holdings has formally communicated the dividend declaration to both BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai and National Stock Exchange of India Ltd at Exchange Plaza, Bandra-Kurla Complex, Mumbai. The company maintains active listings on both exchanges, ensuring comprehensive market coverage for its shareholders. Eligible shareholders include those holding shares in both physical and electronic form whose names appear in the Register of Members and Depositories respectively as of the record date.

Exchange Details: Information
BSE Limited: Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001
NSE India Ltd: Exchange Plaza, 5th Floor, Bandra (E), Mumbai 400 051
Shareholder Eligibility: Physical and electronic form holders
Record Date Timing: Close of working hours on April 2, 2026

Company Background

TVS Holdings Limited, formerly known as Sundaram-Clayton Limited, operates from its registered office at "Chaitanya", No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai – 600006. The substantial interim dividend declaration demonstrates the company's strong financial position and commitment to shareholder value creation, reflecting robust cash flows and confidence in business operations for the ongoing financial year.

Historical Stock Returns for TVS Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.65%-0.76%-7.45%+9.41%+61.51%+356.90%

What strategic initiatives or business expansions might TVS Holdings pursue given their strong cash position after distributing ₹174 crore in dividends?

How will this exceptionally high 1720% dividend rate impact TVS Holdings' stock price and trading volumes in the coming weeks?

Could this substantial interim dividend signal a potential special situation such as asset monetization or preparation for corporate restructuring?

More News on TVS Holdings

1 Year Returns:+61.51%