T.S. Rajam Rubbers Private Limited has filed a regulatory disclosure with stock exchanges regarding the creation of encumbrance over equity shares held in TVS Supply Chain Solutions Limited. The disclosure was made under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Filing Details

The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on December 12, 2025. T.S. Rajam Rubbers Private Limited, incorporated under CIN U25205TN2018PTC121761, is headquartered at No. 10, Jawahar Road, Chokkikulam, Madurai 625002.

Encumbrance Creation

The disclosure pertains to the creation of encumbrance, as defined under Chapter V of the Takeover Regulations, over equity shares held by T.S. Rajam Rubbers Private Limited in TVS Supply Chain Solutions Limited. The encumbrance represents a legal claim or liability attached to the equity shareholding.

Corporate Communication

The filing was signed by R. Padmapriya, Director of T.S. Rajam Rubbers Private Limited. A copy of the disclosure was also sent to the Company Secretary and Compliance Officer of TVS Supply Chain Solutions Limited at their registered office located at No. 10 Jawahar Road, Chokkikulam, Madurai 625002.

Regulatory Compliance

This disclosure ensures compliance with SEBI's transparency requirements under the Takeover Regulations. The filing provides necessary information to stakeholders about changes in shareholding arrangements and encumbrance creation that may impact the shareholding structure of TVS Supply Chain Solutions Limited.

TVS Supply Chain Solutions Limited has disclosed a significant pledge of equity shares to Catalyst Trusteeship Limited, acting as debenture trustee on behalf of multiple debenture holders. The disclosure, made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals the pledge of additional shares that increases the total encumbrance on the company's equity.

Share Pledge Details

The latest disclosure shows that TVS Supply Chain Solutions pledged an additional 5 crore equity shares on December 8, 2025. This follows an earlier pledge of 7 crore shares executed on April 11, 2025, which did not trigger disclosure requirements under Section 29 of the Takeover Code.

Shareholding Impact

The cumulative pledge significantly impacts the company's shareholding structure, with the total encumbered shares representing a substantial portion of the equity capital.

Debenture Holders

Catalyst Trusteeship Limited acts as debenture trustee for a consortium of prominent financial institutions and investment funds. The debenture holders include:

• OMERS Capital Markets Asia Holdings Pte. Ltd.
• J.P. Morgan Securities India Private Limited
• Nippon India Credit Opportunities AIF-Scheme 1
• DSP Finance Private Limited
• Nomura Capital (India) Private Limited
• Kotak Private Credit Fund
• RV Capital India Credit Plus Fund
• OCM Asia Credit I Pte. Ltd.
• Jio Finance Limited

Company Capital Structure

The disclosure reveals that TVS Supply Chain Solutions maintains a stable equity share capital structure throughout the pledge process.

Regulatory Compliance

The pledge arrangement includes certain covenants that may require further pledge of shares if specific security cover requirements are not met. The company has fulfilled its disclosure obligations under SEBI regulations, with the filing made through Catalyst Trusteeship Limited's authorized signatory Deesha Srikkanth, Senior Vice President, based in Mumbai.

The shares are listed on both BSE Limited and National Stock Exchange of India Limited, ensuring transparency in the disclosure process for all stakeholders.