tvs supply chain solutions has infused additional capital into its wholly owned subsidiary, FIT 3PL Warehousing Private Limited. The board of FIT 3PL has allotted 2,20,609 equity shares to TVS Supply Chain Solutions at a price of ₹2,700 per share. The total cost of acquisition for this tranche amounts to ₹59.56 crore.

The transaction follows an earlier communication dated December 09, 2025, wherein the board of TVS Supply Chain Solutions approved the additional funding for its subsidiaries to support business expansion. Following the allotment, FIT 3PL will continue to remain a wholly owned subsidiary of the company. The infusion is classified as a cash consideration undertaken on an arm’s length basis.

Financial Details of the Acquisition

The capital infusion was executed through a single tranche, with the company acquiring 100% of the offered shares. The details of the transaction are outlined below:

Subsidiary Overview and Financials

FIT 3PL Warehousing Private Limited operates within the logistics industry, specifically focusing on 3PL and warehousing. The entity was incorporated on February 04, 1997, and maintains its presence in India. The turnover for the subsidiary has shown specific figures over the last three fiscal years.

Strategic Impact and Timeline

The primary object of the acquisition is to facilitate business growth. The company anticipates that this infusion will result in revenue and profit growth due to the subsequent business expansion. No governmental or regulatory approvals were required for this transaction. The indicative time period for the completion of the acquisition process is set for September 2027.

Srinivasan B, a member of the Promoter Group of tvs supply chain solutions , has formally declared that no encumbrance has been created on the shares held by him during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited, as well as the company's Audit Committee.

The declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on their holdings to ensure transparency in the market.

Declaration Details

In his communication, Srinivasan B confirmed that neither he nor any persons acting in concert with him have made any encumbrance, directly or indirectly, on the shares held in the company. The statement specifically pertains to the financial year concluded on March 31, 2026.

The following table summarizes the key details of the disclosure:

Regulatory Context

Regulation 31(4) of the SEBI Takeover Regulations mandates that promoters provide a declaration regarding the encumbrance status of their shares. This requirement is designed to protect shareholder interests by ensuring that any potential liabilities or restrictions on promoter shares are disclosed to the exchanges and the public in a timely manner. The declaration from Srinivasan B confirms that there are no such restrictions on his holdings for the specified period.