| <p>TVS Holdings Limited, formerly known as Sundaram-Clayton Limited, announced that a scheme of arrangement between the company and its shareholders has become effective from August 27, 2026, following the filing of Form INC 28 with the Registrar of Companies in Chennai, Tamil Nadu. As part of the scheme, TVS Holdings Limited will issue 46 6% cumulative non-convertible redeemable preference shares of INR 10 each for every one fully paid up equity share of INR 5 held, utilizing its retained earnings, with September 8, 2026, set as the record date for eligible shareholders.</p> |