TVS Holdings Limited's shareholding in its subsidiary, Home Credit India Finance Private Limited, has decreased to 74.45% from 80.17% as of July 20, 2026. This reduction follows the further allotment of shares by Home Credit to other investors. The information was disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The event occurred at 3:41 P.M. on July 20, 2026. The company stated that this change in shareholding structure is a consequence of the new allotment and does not alter the subsidiary status of Home Credit India Finance within the TVS Holdings group. The disclosure was made by R Raja Prakash, Company Secretary of TVS Holdings Limited.

Shareholding Details

VS Trust has pledged 4,20,400 equity shares in tvs holdings to Aditya Birla Capital Limited to secure a facility of ₹250 crore. The pledge agreement was executed on 7 July 2026 to avail the facility with the maintenance of required security cover in favor of the lender. This disclosure was submitted to BSE Limited and National Stock Exchange of India Limited on 9 July 2026 under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The encumbrance was created by VS Trust, where Mr. Venu Srinivasan acts as the Trustee. Prior to this transaction, the promoter group held 1,50,63,398 shares, representing 74.45% of the total share capital, with 22,02,608 shares already encumbered. The creation of this pledge increases the total encumbered shares held by the promoters to 26,23,008, which constitutes 12.96% of the total share capital.

Aditya Birla Capital Limited, classified as a Non-Banking Financial Company (NBFC), is the entity in whose favor the shares have been encumbered. The value of the shares on the date of the event was ₹596,67,37,200, resulting in a security cover ratio of 2.39 against the borrowed amount of ₹250 crore. The borrowed amount is intended for general purpose use.

Shareholding Details

The following table outlines the promoter holding and the details of the encumbrance event:

The disclosure confirms that the encumbered shares do not constitute 50% or more of the promoter shareholding, nor do they constitute 20% or more of the total share capital of TVS Holdings Limited. The filing references SEBI circulars dated 5 August 2015 and 7 August 2019 regarding the disclosure format.