TVS Electronics Limited
Established in 1986, TVS Electronics Ltd manufactures and sells a wide range of products such as POS devices, printers, and keyboards. The company also provides comprehensive service solutions for various OEMs through exclusive service centers, multi-brand service centers, onsite support, repair centers, and integrated factory facilities.
What TVS files
- Others81
- Important17
- Investor Meet12
- JV/Acquisition7
- PPTs7
- Board Meeting7
TVS Electronics reports Q4 net profit of 2.85 Cr & annual net profit of 1.26 Cr, a recovery from prior year losses. Yearly revenue hit 455.20 Cr. The financials reflect restatement due to amalgamation with TVS Investments. Board approved results.
TVS Investments merged into TVS Electronics. Mr. Gopal Srinivasan is now the sole Promoter, holding 59.71%. The Board approved transferring special promoter rights to him, pending shareholder approval. Shareholders will also vote on charitable contributions.
TVS Electronics' board set the cut-off for TVS Investments shareholders to receive new shares, a key step in their amalgamation. This move progresses the scheme for the issuance of new shares.