TVS Srichakra Limited
TVSSC belongs to the TVS group of companies. The company is a leading manufacturer of 2W tyres in India and caters to both OEMs and aftermarket segments, and also manufactures OHT for the domestic and export markets. The company has two manufacturing plants, one each in Madurai in Tamil Nadu and Rudrapur in Uttarakhand.
What TVS files
- Others78
- Updates22
- Important18
- JV/Acquisition8
- Board Meeting6
- Dividend/Bonus4
TVS Srichakra announced up to Rs. 220 Cr investment for capacity expansion. This includes Rs. 110 Cr for a ~5% boost in 2W tyre capacity (H1 FY29) and Rs. 110 Cr for a ~25% increase in Off-Highway Tyres (H1 FY28), meeting strong demand.
TVS Srichakra launched the "Saksham Niveshak" campaign to help shareholders claim unpaid dividends (FY18-19 to FY24-25) and update KYC details. This initiative aims to prevent shares from being transferred to the Investor Education and Protection Fund.
TVS Srichakra is taking over existing marketing and sponsorship agreements from its US subsidiary with Bristol Motor Speedway. This move aims to boost brand visibility globally. The company will pay USD 10,33,250 in tranches for the remaining agreement term.
TVS Srichakra's board approved a Rs. 210 Cr capital investment at Rudrapur, increasing capacity by 40-45%. This expansion, planned for H1 FY27-28, will meet growing demand for the company’s 2/3-wheeler tyres.
TVS Srichakra's registrar processed 2 physical share transfer requests. Both were rejected, taking 9 days. This is an administrative update concerning older, physical shareholdings.