TVS Srichakra Ltd expanded its retail footprint with the launch of five new exclusive Eurogrip Tyres stores in Hyderabad, Telangana on June 23, 2026. This expansion reinforces the brand's strategy to provide a complete tyre and two-wheeler care experience and strengthens its presence in key markets. Mr. Silvio Montanari, Design Head, Eurogrip - Milan, was present at the launch of the store openings.

Retail Expansion in Hyderabad

The newly launched stores house Eurogrip's range of tyres across various patterns and sizes, along with tubes designed for scooters, commuter motorcycles, mid-range performance bikes, adventure touring bikes, and superbikes. In addition to product sales, the outlets provide professional tyre fitment, tyre care, puncture repair, and air pressure checks. The stores also assist customers with warranty-related support to ensure a reliable ownership experience.

Mr. T.K. Ravi, Chief Operating Officer of TVS Srichakra Ltd, highlighted that Hyderabad is a key market with a vibrant and growing two-wheeler community. He stated that the opening of these five exclusive stores marks another significant milestone in the company's journey to bring high-quality products and services closer to customers.

Store Locations

The new outlets are operated by Green Secure Energy Private Limited at the following addresses:

Strategic Growth and Market Presence

The expansion is part of a broader strategy to establish a consistent and trusted service environment across India. In addition to the newly opened stores in Hyderabad, Eurogrip operates retail experience stores in Panipat, Bahraich, Ludhiana, Delhi, Alappuzha, Chennai, Mysuru, Patna, Farrukhabad, Ahmedabad, and Rajkot.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE421C01016/902be574d4ca4d61.pdf

R Naresh, a promoter of TVS Srichakra, has declared that no new encumbrances were created on the company's shares during the financial year ended March 31, 2026. The disclosure confirms that aside from those previously reported to the stock exchanges, no direct or indirect encumbrances were established by the promoter during this period.

The declaration was submitted to the National Stock Exchange of India and BSE Limited on April 1, 2026. This filing is in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates an annual declaration regarding share encumbrances by promoters.

Disclosure Details

The filing explicitly states that the information provided is true and correct to the best of the knowledge of R Naresh. The disclosure covers the entire financial year ending March 31, 2026, ensuring transparency regarding the promoter's holdings and any potential liabilities attached to them.

This regulatory filing provides shareholders and the market with assurance regarding the status of the promoter's shareholding in TVS Srichakra for the specified financial year.