TVS motors has achieved a historic milestone by reaching 1 million units of total production in Indonesia since commencing operations in the country 19 years ago. This achievement reflects the company's success in building a strong manufacturing foundation in Indonesia and demonstrates its commitment to delivering high-quality mobility solutions for both domestic and international markets.

Production Achievement Details

The milestone represents significant manufacturing success since TVS Motor Company began operations in Indonesia in 2006. The production breakdown showcases the company's focus on two-wheeler manufacturing while maintaining a presence in the three-wheeler segment.

Global Manufacturing Hub and Export Operations

TVS Motor Company Indonesia has positioned itself as a strategic global manufacturing hub, with a significant portion of the 1 million vehicles produced being exported to key international markets. James Chan, Senior Vice President, ASEAN Business, highlighted Indonesia's strategic role in TVS' global operations, noting that the facility serves markets across ASEAN, South Asia, the Middle East, South America, and Africa.

The company has continuously invested in modernizing its manufacturing facilities, expanding production capabilities, and adopting advanced technologies to ensure world-class product quality. The ability of Indonesia-produced vehicles to meet stringent global standards demonstrates the competitiveness of the local manufacturing operations.

Infrastructure and Market Presence

TVS Motor Company Indonesia operates an extensive sales and after-sales service network to support its market presence. The company has strategically expanded its distribution infrastructure across the Indonesian archipelago.

Manufacturing Capabilities and Market Focus

The integrated production facility in East Karawang, West Java, handles the complete production cycle from engine assembly and spare parts manufacturing to painting and product testing. TVS Motor Company Indonesia has been a member of AISI (the Indonesian Motorcycle Industry Association) since March 2010, reinforcing its commitment to the local automotive industry.

Every vehicle produced is designed to meet the evolving needs of Indonesian consumers, with emphasis on performance, durability, fuel efficiency, and technological relevance. The company's products feature design characteristics that reflect the unique requirements of the local market while maintaining international quality standards.

Economic Contribution and Future Outlook

Beyond production achievements, TVS Motor Company Indonesia contributes meaningfully to the national economy through job creation, technology transfer, and strengthening local manufacturing ecosystems. The company maintains close collaboration with local suppliers, dealer partners, and supporting industry networks, positioning itself as a valuable contributor to Indonesia's broader industrial development.

The milestone reinforces the company's commitment to advancing innovation, expanding its product portfolio, and developing more efficient, low-emission, and technology-driven mobility solutions. With a strong foundation built over nearly two decades, TVS Motor Company is positioned to further its contributions to Indonesian society and the automotive sector's advancement.

TVS Motor Company Limited has published statutory advertisements in newspapers on February 13, 2026, in compliance with SEBI regulations for the listing and trading approval of its 6% Cumulative Non-Convertible Redeemable Preference Shares (NCRPS).

Regulatory Compliance and Publication Details

The advertisements were published in three newspapers as required under SEBI Master Circular provisions. The company received exemption from SEBI vide letter dated February 9, 2026, from the applicability of Rule 19(2)(b) of the Securities Contract (Regulations) Rules, 1957.

NCRPS Allotment and Structure

Under the Scheme of Arrangement approved by the Hon'ble National Company Law Tribunal, Chennai on July 31, 2025, TVS Motor allotted 190,03,48,456 NCRPS on September 01, 2025. The preference shares were issued as bonus shares in the ratio of 4 NCRPS for every 1 equity share held by shareholders as on the record date of August 25, 2025.

Stock Exchange Approvals

The company has received in-principle approvals from both major stock exchanges for listing the NCRPS. National Stock Exchange of India Limited granted approval vide letter no. NSE/LST/50825 dated November 21, 2025, while BSE Limited provided approval through letter no. DCS/AMAL/BW/PS19/2025-26 dated November 20, 2025.

Capital Structure Changes

The scheme implementation resulted in significant changes to the company's authorized share capital structure:

Shareholding Pattern

The NCRPS allotment maintains the same shareholding pattern as equity shares, with TVS Holdings Limited being the largest shareholder holding 50.26% of both equity and preference shares. The top institutional investors include ICICI Prudential Balanced Advantage Fund (6.28%), Axa Mutual Fund (1.32%), and NPS Trust (1.29%).

Financial Performance Highlights

TVS Motor's recent financial performance demonstrates strong operational metrics. For the nine months ended December 31, 2025, the company reported consolidated revenue from operations of ₹41,016.79 crore and profit after tax of ₹2,366.88 crore, with earnings per share of ₹47.29.

The statutory advertisements mark a crucial step in the listing process for the NCRPS, providing shareholders with a tradeable instrument while offering the company flexibility in liquidity management until redemption.