TVS Supply Chain Solutions Limited (TVSSCS) has made significant progress in its ongoing amalgamation scheme, as revealed in a recent corporate filing. The company received an order from the National Company Law Tribunal (NCLT), Bengaluru Bench, directing one of the transferor companies to dispense with the meeting of equity shareholders.

Key Details of the NCLT Order

• Order Date: October 13, 2025
• Receipt Date: October 17, 2025
• Matter Number: CA(CAA)/39(BB)2025
• Affected Entity: Fourth Transferor Company (SPC International (India) Private Limited)
• Directive: Dispensation of equity shareholders' meeting

Amalgamation Scheme Overview

The amalgamation scheme involves the merger of five transferor companies with TVS Supply Chain Solutions Limited. The companies involved in this corporate restructuring are:

This amalgamation is subject to various regulatory approvals, and the recent NCLT order marks a step forward in the process.

Implications and Next Steps

The dispensation of the equity shareholders' meeting for SPC International (India) Private Limited streamlines the amalgamation process. This development suggests that the scheme is progressing through the necessary legal and regulatory channels.

TVS Supply Chain Solutions Limited has made the order available on its website ( www.tvsscs.com ) for public access, adhering to transparency norms. The company's proactive disclosure aligns with the regulatory requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As the amalgamation scheme moves forward, investors and stakeholders will likely keep a close watch on further developments and their potential impact on TVS Supply Chain Solutions' operations and market position.

Note: The completion of the amalgamation remains subject to other regulatory approvals and legal processes.

TVS Supply Chain Solutions (TVS SCS), a global leader in supply chain management, has set ambitious growth targets for its North American division while expanding its operational footprint in the United States. The company recently inaugurated a new state-of-the-art facility in Iowa, marking a significant step in its expansion strategy.

Revenue Target and Growth Projection

TVS SCS North America has announced a revenue target of $500 million, backed by an impressive projected compound annual growth rate (CAGR) of 20%. This growth trajectory builds upon the division's sustained 20% CAGR over the past four years, demonstrating the company's strong momentum in the region.

New Automated Facility in Iowa

The cornerstone of TVS SCS's expansion strategy is the newly inaugurated 225,000 square foot automated facility in Waterloo, Iowa. This build-to-suit facility is designed to enhance the company's capabilities in serving local manufacturers and key clients in the U.S. Midwest.

Key features of the new facility include:

• 6,800 square feet of office space
• A driver's lounge
• 30 loading dock doors
• Two drive-in doors
• State-of-the-art automation and robotic technology

Enhanced Service Offerings

The new Iowa facility is set to bolster TVS SCS's manufacturing support services, including:

• Value-added assembly
• Kitting
• Sequencing
• Just-in-time delivery

High Demand and Future Plans

Ravi Viswanathan, Managing Director of TVS Supply Chain Solutions, highlighted the facility's immediate impact, stating, "With 95% of its capacity already committed, the facility is a testament to the strong demand for our services and the trust our clients place in our capabilities."

The company's expansion plans don't stop here. TVS SCS is currently constructing another 225,000-square-foot facility in the region, scheduled to go live next quarter. This rapid expansion underscores the company's commitment to growth and enhanced service capabilities in the U.S. market.

Strategic Importance

The inauguration ceremony was attended by Iowa Governor Kim Reynolds and Waterloo Mayor Quentin Hart, who recognized the facility as a key advancement in strengthening Iowa's position as a vital hub for manufacturing distribution and supply chain innovation.

Richard Vieites, CEO of North America & Europe at TVS Supply Chain Solutions, emphasized the company's commitment to expansion, stating, "We are committed to further expanding our presence in the U.S. and investing in state-of-the-art facilities to better serve our clients. Our future plans include continued growth in strategic locations, enhancing our technological capabilities, and fostering strong partnerships to drive innovation in supply chain management."

As TVS Supply Chain Solutions continues to expand its North American operations, the new Iowa facility represents a significant milestone in the company's journey towards achieving its ambitious revenue target and solidifying its position as a leader in the global supply chain management industry.