TVS Supply Chain Solutions initiates arbitration to recover ₹3.69 crore

TVS Supply Chain Solutions has initiated arbitration proceedings to recover ₹3.69 crore from Tera Software Limited. The dispute arises from an alleged failure by Tera Software to pay outstanding dues despite TVS Supply Chain Solutions having completed its contractual obligations. The company seeks to recover the amount under a Service Agreement dated June 19, 2019, related to one of its projects.

TVS Supply Chain Solutions proposes to approach the Hon'ble High Court of Telangana under Section 11 of the Arbitration and Conciliation Act, 1996. The filing requests the appointment of a Sole Arbitrator to adjudicate the matter. The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015.

The table below outlines the key details of the litigation:

Particulars	Details
Name of the Company	TVS Supply Chain Solutions Limited (TVS SCS)
Name(s) of the opposing party	Tera Software Limited (Tera Soft)
Court/ Tribunal / Agency	Hon'ble High Court of Telangana under Section 11 of the Arbitration and Conciliation Act, 1996
Brief details of dispute	TVS SCS invoked arbitration under the Service Agreement dated June 19, 2019, seeking recovery of outstanding dues due to alleged failure of Tera Soft to pay despite TVS SCS completing contractual obligations.
Expected financial implications	Recovery of ₹3.69 crore (approx.)
Quantum of claims	₹3.69 crore (approx.)

The company stated that the arbitration is being pursued to recover the approximate ₹3.69 crore outstanding amount. No further financial implications beyond the claimed amount were disclosed in the filing.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.59%	+4.10%	+17.46%	+21.96%	+2.86%	-31.74%

Latha Kumar, a member of the Promoter Group of TVS Supply Chain Solutions Limited , has declared that no encumbrance was made on the equity shares held by her or persons acting in concert during the financial year ended March 31, 2026. This disclosure provides clarity to investors regarding the ownership status, confirming that the promoter's shareholding remains free from charges for the specified period. The declaration was submitted in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The formal communication was addressed to the National Stock Exchange of India Limited, BSE Limited, and the Audit Committee of TVS Supply Chain Solutions Limited on April 2, 2026. The regulation mandates such disclosures to maintain transparency regarding the holdings of promoters and persons acting in concert.

Regulatory Filing Details

The declaration covers the promoter and all persons acting in concert with her for the duration of the financial year ended March 31, 2026.

Entity	Purpose of Communication
National Stock Exchange of India Limited	Declaration under Regulation 31(4)
BSE Limited	Declaration under Regulation 31(4)
The Audit Committee	Declaration under Regulation 31(4)