TVS Srichakra Share Price Today

TVS Srichakra realizes ₹34.44 crore from TASL capital reduction

TVS Srichakra received ₹34.44 crore from TASL Automobile Solutions. Exit price was fixed at ₹377.70 per equity share. Scheme became effective on October 7, 2026, after NCLT sanction. Entire holding of 9,11,741 shares (7.58% stake) stands cancelled.

TVS Srichakra receives ₹10.71 lakh penalty for e-Way Bill violation

TVS Srichakra received a ₹10.71 lakh penalty from Uttarakhand tax authorities. Violation involved moving goods without a valid e-Way Bill due to cancellation. Order dated October 5, 2026, issued by State Tax Officer in Rudrapur. Company plans to appeal but expects no material operational impact.

TVS Srichakra receives ₹17.53 Cr GST show cause notice for FY23

TVS Srichakra Ltd received a show cause notice for ₹17.53 crore from the Deputy Commissioner of State Tax, Bhiwandi. The notice alleges excess availment of Input Tax Credit for FY23, comprising tax of ₹8.05 crore, interest of ₹7.78 crore, and penalty of ₹1.70 crore. The company stated its previous representations were not considered and is preparing a detailed legal response. No final order has been passed yet; the financial impact remains subject to future adjudication.

TVS Srichakra 43rd AGM: all four resolutions passed with majority

All four resolutions at TVS Srichakra's 43rd AGM on September 24, 2026 were passed with requisite majority via e-voting. Total shares held stood at 7,657,050; voter participation ranged from 53.28% to 53.30% across resolutions. Resolution 1 (adoption of FY26 financial statements) passed with 99.99% votes in favour out of 4,079,446 votes polled. Resolution 2 (final dividend declaration) passed with 99.99% in favour; Resolution 4 (cost auditor remuneration ratification) also passed with 99.99% in favour. Resolution 3 (re-appointment of S Ravichandran as director) passed with 98.56% in favour, with 58,968 votes against from public institutional shareholders.

TVS Srichakra opens new retail stores in Aligarh and Bhowali

TVS Srichakra opened its 21st retail store in Aligarh, Uttar Pradesh. The company also launched its 20th store in Bhowali, Uttarakhand. Both stores are part of the company's tyre and two-wheeler care retail network. The openings extend TVS Srichakra's footprint across two northern Indian states.

TVS Srichakra completes 51% stake acquisition in Weber Drivetrain

TVS Srichakra acquired 51% stake in Weber Drivetrain for ₹10,00,000. Deal completed on August 31, 2026 via subsidiary TVS Sensing Solutions. Final consideration is ₹133 lakh lower than the initial July disclosure. Weber becomes a step-down subsidiary of TVS Srichakra.