Vikas Chadha has assumed office as the Managing Director of TVS Supply Chain Solutions Limited effective July 01, 2026. His appointment is for a period of five years, subject to the approval of the shareholders. This leadership change follows a previous disclosure made on May 25, 2026.

With this new role, Chadha is no longer the Global Chief Executive Officer of the company. The transition marks a significant shift in the executive structure of the logistics and supply chain solutions provider.

Appointment Details

The appointment of Vikas Chadha (DIN: 06624266) was formalized through a regulatory filing submitted to the exchanges. The disclosure was made under Regulation 30 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015.

Key Information

The company confirmed that Chadha has taken charge in his new capacity, relinquishing his previous position as Global Chief Executive Officer. The move is pending approval from the shareholders.

TVS Supply Chain Solutions Limited has received an order from the Income Tax Assessment Authority imposing a penalty of ₹0.84 crores for Assessment Year 2017-18. The order, issued under Section 270A of the Income Tax Act, 1961, relates to a transfer pricing adjustment. The company stated that the penalty is not expected to have a material impact on its financials, operations, or other activities and plans to appeal the decision before the appropriate authority within the stipulated time.

The disclosure was made to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order was received by the company on June 29, 2026. P D Krishna Prasad, Company Secretary, signed the regulatory filing on behalf of TVS Supply Chain Solutions Limited.

Details of the Order

The following table outlines the key details of the communication received from the Income Tax Assessment Authority:

The company has confirmed that it will be filing an appeal against the order. The management asserts that the demand does not pose a significant threat to its operational stability or financial health.