TVS Supply Chain Gets ₹1.92 Cr Tax Order from Madhya Pradesh Authority

TVS Supply Chain Solutions Limited has received a tax demand order from the Madhya Pradesh State Tax Authority, as disclosed in a regulatory filing. The company informed stock exchanges about this development under Regulation 30 of SEBI Listing Regulations.

Order Details and Components

The Assistant Commissioner of Madhya Pradesh State Tax Authority passed the order relating to FY2018-19. The order alleges short payment of outward liability and availment of ineligible credit by the company.

Component	Amount (₹)
Tax	83,72,182
Interest	17,59,370
Penalty	83,72,182
Total Demand	1,92,49,734

Company's Response and Impact Assessment

TVS Supply Chain Solutions has assessed that this tax demand will not have a material quantifiable impact on the company's financials, operations, or other activities. The logistics company has indicated its intention to contest the order through proper legal channels.

The company plans to file an appropriate response and appeal the order before the relevant authorities within the prescribed timelines. This approach suggests the company believes it has valid grounds to challenge the tax authority's findings regarding the alleged contraventions.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. TVS Supply Chain Solutions submitted the required details to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with mandatory disclosure requirements for listed entities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.09%	+4.37%	-12.61%	-18.68%	-42.18%	-45.55%

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.

Parameter:	Details
Filing Date:	December 12, 2025
Regulation:	SEBI Takeover Regulations 31
BSE Scrip Code:	543965
NSE Symbol:	TVSSCS
Filing Entity:	T.S. Rajam Rubbers Private Limited

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.