TVS Motor Company Limited has announced that its board of directors will convene on Tuesday, March 24, 2026, to consider and declare an interim dividend for the financial year ending March 31, 2026. The announcement was made through an official notice dated March 18, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited.

Board Meeting Details

The meeting has been scheduled specifically to deliberate on the interim dividend declaration for shareholders. This notice has been issued in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates advance notification for such corporate actions.

Trading Window Closure

In accordance with insider trading regulations, the company has implemented a trading window closure for designated persons. The restriction applies to company insiders and their immediate relatives, preventing them from trading in the company's securities during the specified period.

Stock Exchange Communication

The formal notice was addressed to both major stock exchanges where TVS Motor Company shares are listed. The communication included specific scrip codes for different securities.

Dividend Announcement Timeline

The company has committed to providing complete dividend details immediately following the board meeting's conclusion. Shareholders will receive comprehensive information about the interim dividend decision once the board finalizes its deliberations.

Key details to be announced post-meeting include:

• Dividend rate per share
• Total quantum of dividend distribution
• Record date for dividend eligibility
• Payment date for dividend disbursement

The notice was digitally signed by K S Srinivasan, Company Secretary, with authentication completed on March 18, 2026 at 16:13:20. This interim dividend consideration represents part of the company's regular shareholder return policy for the current financial year.

TVS Motor Company has officially launched the TVS Orbiter V1 electric scooter, marking a significant expansion of its electric vehicle portfolio with an innovative Battery-as-a-Service model. The launch was announced through a regulatory filing under Regulation 30, demonstrating the company's commitment to making electric mobility more accessible to Indian consumers.

Product Launch and Pricing Strategy

The TVS Orbiter V1 represents the most accessible entry point in the company's electric scooter range, with strategic pricing designed to accelerate EV adoption across India.

Technical Specifications and Features

The TVS Orbiter V1 is engineered for practical urban commuting with advanced connectivity and safety features. The electric scooter supports 0-80% charging in approximately 2 hours and 20 minutes, making it suitable for everyday mobility needs.

Battery-as-a-Service Innovation

TVS Motor has introduced the Battery-as-a-Service model across its entire EV portfolio, representing a paradigm shift in electric vehicle ownership. This innovative approach separates vehicle pricing from battery costs, providing customers with greater financial flexibility.

The BaaS model offers comprehensive benefits including extended warranty up to 5 years or 70,000 km, unlimited monthly usage throughout the chosen tenure, and flexible payment plans. This service model addresses traditional concerns about battery ownership and maintenance while making electric vehicles more accessible to a broader customer base.

Market Positioning and Leadership

According to Gaurav Gupta, President – India 2W Business at TVS Motor Company, the launch strengthens the company's well-defined EV portfolio while introducing greater ownership flexibility. The company's approach focuses on providing customers with clear understanding of overall cost of ownership through the separation of vehicle price from battery usage cost.

Aniruddha Haldar, Senior Vice President – Head Commuter & EV Business, emphasized the company's commitment to consolidating leadership in the EV space and advancing India's electric mobility journey. The positive customer reception of the previously launched TVS Orbiter V2 reinforced the opportunity to expand the lineup with more accessible options.