TVS Motor Company approves all resolutions at 34th AGM

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Reviewed by
Jubin VScanX News Team
Key Highlights

TVS Motor Company Limited successfully conducted its 34th AGM on July 22, 2026, approving the adoption of financial statements for FY26, re-appointing Mr Sudarshan Venu as Director, and ratifying the remuneration for the Cost Auditor for FY 2026-27. The resolutions received overwhelming support from shareholders, with assent percentages ranging from 93.94% to 99.99%.

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*this image is generated using AI for illustrative purposes only.

TVS Motor Company Limited shareholders approved all three resolutions tabled at its 34th Annual General Meeting (AGM) held on July 22, 2026, through video conferencing. The meeting, chaired by Mr Sudarshan Venu, saw the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Mr Sudarshan Venu as Director. The resolutions were passed with the requisite majority, ensuring the ratification of remuneration payable to M/s C S Adawadkar & Co., Cost Auditors for FY 2026-27.

The remote e-voting period commenced on July 19, 2026, at 9:00 AM IST and concluded on July 21, 2026, at 5:00 PM IST. A total of 336,969 shareholders were on record as of July 16, 2026. While no physical attendance was recorded, 105 shareholders participated via video conferencing, including one from the promoter group. The facility for e-voting remained open for 15 minutes post-conclusion of the meeting.

Voting Results Summary

The scrutinizer's report confirmed that all resolutions were passed. The adoption of financial statements received 99.9871% assent, while the re-appointment of Mr Sudarshan Venu received 93.9432% assent. The ratification of the cost auditor's remuneration was approved with 99.9998% votes in favour.

Resolution Description Votes For Votes Against Assent %
Adoption of Financial Statements FY26 386,677,910 49,823 99.9871
Re-appointment of Mr Sudarshan Venu 363,590,991 23,441,665 93.9432
Ratification of Cost Auditor Remuneration 387,032,008 658 99.9998

B. Chandra & Associates, Practising Company Secretaries, served as the scrutinizer for the voting process. The results have been communicated to the BSE Limited and National Stock Exchange of India Ltd. and will be available on the company's website and NSDL.

Historical Stock Returns for TVS Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+0.58%+0.06%+13.39%+15.00%+33.61%+763.81%

How will the re-appointment of Mr Sudarshan Venu influence TVS Motor's strategic direction over the next term?

What are the expected financial performance targets for TVS Motor following the adoption of the FY26 audited statements?

How might the high shareholder approval rates impact TVS Motor's governance and investor confidence?

TVS Motor Launches TVS Raider in Egypt; Sales to Roll Out by July 2026

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Reviewed by
Riya DScanX News Team
Key Highlights

TVS Motor Company has launched the TVS Raider in Egypt, targeting young and urban riders in the North African market. The 124.76cc air and oil-cooled 3V engine motorcycle produces 12.9 PS at 8000 rpm and 11.5 Nm torque at 6500 rpm, featuring first-in-segment i-Touch Start, a full digital reverse LCD cluster, and 240 mm front disc brakes with SBT. The motorcycle is available in Black & Yellow colour options and will be rolled out across the full dealer network by July 2026.

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*this image is generated using AI for illustrative purposes only.

TVS Motor Company has launched the TVS Raider in Egypt, aiming to redefine the premium commuter segment for young and urban riders in the North African market. The launch, held at Hilton Pyramids Golf in Cairo, marks an important milestone in the company's strategy to strengthen its footprint in the region and expand its premium commuter motorcycle portfolio. The event brought together distributor partners, dealer networks, media, and key stakeholders to celebrate the introduction of one of TVS Motor's most successful models.

Powertrain and Performance

The TVS Raider is powered by a 124.76cc air and oil-cooled 3V engine, producing 12.9 PS at 8000 rpm and 11.5 Nm of torque at 6500 rpm, paired with a 5-speed gearbox. It is equipped with a telescopic front suspension and a gas-charged 5-step adjustable monoshock to ensure a blend of performance and comfort. The motorcycle features a 240 mm front disc brake with Synchronized Braking Technology (SBT) and 80/100-17 front and 100/90-17 rear tubeless tyres for agile handling. The motorcycle achieves a best-in-class acceleration of 0–60 km/h in 5.7 seconds.

Key Specifications

Specification: Details
Engine: 124.76cc air & oil-cooled 3V
Power: 12.9 PS @ 8000 rpm
Torque: 11.5 Nm @ 6500 rpm
Gearbox: 5-speed
Braking: 240 mm front disc with SBT
Suspension: Gas-charged 5-step adjustable monoshock
Tyres: 80/100-17 front, 100/90-17 rear tubeless
Acceleration: 0–60 km/h in 5.7 seconds

Features and Technology

The model includes a full digital reverse LCD cluster, gear shift and position indicator, and i-Touch Start, a first-in-segment feature. Additional amenities comprise an animalistic LED headlamp with signature position lamp, USB charger, under-seat storage, and distance-to-empty and average fuel economy displays. These features are designed to appeal specifically to Gen Z and urban riders seeking a blend of technology and style in the premium commuter segment.

Leadership Commentary

Mr. Peyman Kargar, President, International Business, TVS Motor Company, stated that the launch reflects the company's commitment to strengthening its brand presence in North Africa. He emphasized that the TVS Raider is designed for next-gen riders, offering a package of style, performance, and value. Mr. Rahul Nayak, Senior Vice President – International Business, added that the motorcycle has consistently set benchmarks in design and technology, making it an ideal choice to connect with Gen Z riders in Egypt.

Availability

The TVS Raider is now available across select dealerships in Egypt and will be rolled out across the channel network by July 2026. It is offered in two colour options: Black & Yellow.

Historical Stock Returns for TVS Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+0.58%+0.06%+13.39%+15.00%+33.61%+763.81%

How will the introduction of the TVS Raider impact the competitive landscape of the premium commuter segment in Egypt?

What are TVS Motor's plans for further expansion in North Africa following the Raider's launch?

How will the pricing strategy of the TVS Raider compare to local competitors in Egypt?

More News on TVS Motors

1 Year Returns:+33.61%