TVS Motor launches Nepal's first 150cc hyper sport scooter

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Launched TVS NTORQ 150, Nepal's first 150cc hyper sport scooter, on September 26, 2026
  • Features a 149.7cc engine delivering 13.2 PS power and 14.2 Nm torque
  • Achieves 0-60 km/h acceleration in 6.3 seconds with a top speed of 104 km/h
  • Priced at ₹3,69,900 with over 50 connected features via TVS SmartXonnect™
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*this image is generated using AI for illustrative purposes only.

TVS Motor Company launched the TVS NTORQ 150 in Nepal on September 26, 2026. This model is the country's first 150cc hyper sport scooter, targeting performance-focused riders with race-tuned engineering.

The launch event took place in Naxal, Kathmandu, attended by the Jagdamba Motors team, automotive media, and key stakeholders. The scooter is available through Jagdamba Motors dealerships across Nepal in three colour options: Stealth Silver, Racing Red, and Turbo Blue. The introductory price is set at ₹3,69,900.

Performance and design specifications

The TVS NTORQ 150 is powered by a 149.7cc air-cooled O3CTech engine. It delivers 13.2 PS of power at 7,000 rpm and 14.2 Nm of torque at 5,500 rpm. The manufacturer claims it is the quickest scooter in its class, accelerating from 0 to 60 km/h in 6.3 seconds with a top speed of 104 km/h.

Design elements draw inspiration from stealth aircraft, featuring MULTIPOINT® projector headlamps, aerodynamic winglets, and a naked handlebar for enhanced rider control. The vehicle includes a signature muffler note and coloured alloy wheels to reinforce its sporty identity.

Specification Detail
Engine displacement 149.7cc
Power output 13.2 PS @ 7,000 rpm
Torque 14.2 Nm @ 5,500 rpm
Acceleration (0-60 km/h) 6.3 seconds
Top speed 104 km/h
Introductory price ₹3,69,900

Technology and safety features

The scooter integrates TVS SmartXonnect™ technology, offering over 50 connected features. These include turn-by-turn navigation, last parked location tracking, call and message notifications, and ride mode adjustments. Safety enhancements include single-channel ABS and traction control, both described as first-in-segment features for this category in Nepal.

Additional comfort and utility features include telescopic suspension, adjustable brake levers, a patented E-Z center stand, and 22 litres of under-seat storage. The vehicle also offers Race and Street modes, along with iGo Assist functionality that adapts to the selected riding mode.

Strategic market expansion

Peyman Kargar, President – International Business at TVS Motor Company, stated that Nepal remains a strategically important market due to its young and growing rider community. The company aims to deliver world-class mobility solutions by combining high performance with advanced connectivity.

Shahil Agrawal, Managing Director of Jagdamba Motors Pvt. Ltd., noted that the launch marks a new chapter for the NTORQ brand in the region. He emphasized that the hyper sport character and distinctive design reflect TVS Motor's commitment to bringing global innovations to Nepali customers.

Historical Stock Returns for TVS Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+1.62%+1.36%-4.73%+19.47%+20.40%+673.88%

How will the ₹3,69,900 introductory price impact TVS Motor's market share against established competitors like Honda and Yamaha in Nepal's premium scooter segment?

What are the projected sales volumes for the NTORQ 150 in Nepal, and how might this performance influence TVS Motor's strategy for expanding high-performance scooters into other South Asian markets?

Given the introduction of first-in-segment safety features like traction control, how are local regulatory bodies in Nepal expected to respond regarding potential mandatory safety standards for two-wheelers?

TVS Motor seeks shareholder nod for Peyman Kargar's CEO appointment

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Reviewed by
Naman SScanX News Team
Key Highlights
  • TVS Motor seeks shareholder approval for Peyman Kargar's appointment as Director and CEO
  • Appointment effective January 27, 2027, for a five-year tenure
  • International business contributes 29% of sales volume under his current leadership
  • Proposed basic salary is ₹83 lakh per month, with other allowances of ₹117 lakh
  • Total remuneration capped at 5% of net profits per Companies Act provisions
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*this image is generated using AI for illustrative purposes only.

TVS Motor Company has issued a postal ballot notice seeking shareholder approval for the appointment of Peyman Kargar as Director and Chief Executive Officer. The proposal, effective January 27, 2027, marks a significant leadership transition for the two-wheeler major.

The appointment is subject to approval by the Central Government, as Kargar is a non-resident at the time of filing. He will serve in the rank of Whole-Time Director for a period of five years. The Board of Directors recommended this appointment based on the Nomination and Remuneration Committee’s assessment of his qualifications and experience.

Leadership Profile and Strategic Fit

Peyman Kargar, aged 59, brings over three decades of global automotive experience across Europe, Asia, and the Middle East. Currently serving as President – International Business at TVS Motor, he has been with the company since April 2025. His tenure has seen the international business grow to contribute 29% of total sales volume, with a growth rate of 33%.

Prior to joining TVS Motor, Kargar held senior leadership roles including Global Chairman and President of INFINITI, where he led a business turnaround resulting in a 20% volume increase. He also served as Chairman and Senior Vice President for Nissan’s Africa, Middle East, and India region, overseeing operations in over 80 countries. His background includes managing a €4 billion turnover at Renault Group.

Remuneration Structure

The proposed remuneration package includes a fixed component and variable incentives, capped within statutory limits. The key components are detailed below:

Component Details
Basic Salary ₹83 lakh per month
Other Allowances ₹117 lakh per month
Tenure Five years (January 27, 2027, to January 26, 2032)
Commission Up to 5% of net profits
Perquisites Accommodation, two cars with drivers, medical expenses, club fees

The total remuneration payable shall not exceed 5% of the company’s net profits, as stipulated under the Companies Act, 2013. In the event of loss or inadequacy of profits, the remuneration will be determined by the Board within permissible limits.

Voting Process and Timeline

Shareholders can cast their votes electronically through the NSDL e-Voting platform. The voting period commenced on September 23, 2026, and will conclude on October 22, 2026. The cut-off date for determining voting rights was September 18, 2026.

Results will be announced on or before October 24, 2026. B Chandra and Associates, Practicing Company Secretaries, have been appointed as the Scrutinizer for the postal ballot process. Members may access the detailed statement of material facts and the draft resolutions on the company’s website.

Historical Stock Returns for TVS Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+1.62%+1.36%-4.73%+19.47%+20.40%+673.88%

How might the Central Government's approval process for a non-resident CEO impact the timeline and certainty of TVS Motor's leadership transition?

What specific strategic initiatives is Peyman Kargar expected to implement to sustain the 33% growth rate in international sales beyond his current tenure?

How will the proposed remuneration structure, particularly the 5% profit-linked commission, influence TVS Motor's capital allocation and dividend policy over the next five years?

More News on TVS Motors

1 Year Returns:+20.40%