TVS Srichakra Limited has announced the opening of its new exclusive Eurogrip Tyres retail store in Ahmedabad, marking another significant milestone in the company's retail network expansion strategy. This latest addition strengthens the company's presence in Gujarat's commercial hub and demonstrates its commitment to bringing high-quality products and services closer to customers across key Indian markets.

Store Launch and Market Significance

The new Ahmedabad outlet represents TVS Srichakra's continued focus on expanding its branded retail footprint in strategic locations. Ahmedabad, being a major commercial and industrial center in Gujarat, offers significant potential for the two-wheeler tyre market with its vibrant automotive ecosystem.

Product Range and Customer Services

The newly launched Ahmedabad store offers Eurogrip's comprehensive range of two-wheeler tyres designed to meet diverse riding requirements. The outlet serves various vehicle categories from scooters and commuter motorcycles to performance bikes, adventure touring bikes, and superbikes.

Product Portfolio:

• Complete range of two-wheeler tyres in varied patterns and sizes
• Tubes designed for wide spectrum of 2-wheelers
• Coverage for all motorcycle categories

Professional Services:

• Professional tyre fitment services
• Tyre care and puncture repair
• Air pressure checks and maintenance
• Warranty-related query assistance

Retail Network Expansion Strategy

This Ahmedabad store opening forms part of TVS Srichakra's broader strategy to strengthen its branded retail presence across key Indian markets. The company has been systematically expanding its signature store network to provide customers with consistent and trusted service environments.

About TVS Srichakra Limited

TVS Srichakra Limited operates as one of India's leading manufacturers and exporters of two, three-wheeler tyres and off-highway tyres. Incorporated in 1982, the company functions as a vertical of the USD 3 billion TVS Mobility holding company, maintaining a strong presence in both domestic and international markets.

The company maintains global research and development capabilities with cutting-edge technology, producing industry-leading tyres for automotive sectors in India and worldwide. Its design centre in Milan, Italy supports the R&D centre in Madurai, with tyres tested under Indian, European, and Japanese road conditions to ensure superior quality and performance standards.

Source: ScanX

TVS Srichakra Limited has successfully concluded its postal ballot process for the re-appointment of Mr. R Naresh as Managing Director, with shareholders demonstrating strong support for the leadership continuity. The company announced the results on 31st March 2026, following the completion of the electronic voting process.

Voting Results and Shareholder Participation

The special resolution for Mr. R Naresh's re-appointment as Managing Director, designated as Executive Vice-Chairman, received overwhelming approval from shareholders. The voting process was conducted through remote electronic voting facility from 28th February 2026 at 9.00 A.M. to 29th March 2026 at 5.00 P.M.

Category-wise Voting Pattern

The voting results revealed strong support across different shareholder categories, with promoters showing unanimous backing for the resolution.

Resolution Details and Term

The approved resolution pertains to the re-appointment of Mr. R Naresh as Managing Director for a term of three years, effective from 16th June 2026. His designation will be Executive Vice-Chairman during this tenure. The resolution required special resolution approval, which was successfully obtained with the requisite majority.

Scrutinizer Confirmation

The voting process was overseen by N Balachandran, Company Secretary in Practice (CP No 3200), who served as the scrutinizer for the e-voting process. The scrutinizer confirmed the validity of the electronic voting registers received from National Securities Depository Limited (NSDL), which served as the service provider for the e-voting facility. Integrated Registry Management Services Private Limited (IRMSPL) acted as the Registrar and Share Transfer Agent for the company.

Corporate Governance Compliance

The postal ballot process was conducted in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had initially submitted the postal ballot notice on 25th February 2026, seeking shareholder approval for the re-appointment through special resolution. Company Secretary Chinmoy Patnaik (Membership No. A14724) oversaw the compliance and disclosure requirements for the voting process.