TVSHLTD2026-08-06TVSHLTD2026-08-062026-08-06TVSHLTD2026-08-062026-08-06AmalgamatedEntityDomain1TVSHLTD2026-08-06AmalgamatedEntityDomain1TVSHLTD2026-08-062026-08-06AmalgamatedEntityDomain2TVSHLTD2026-08-06AmalgamatedEntityDomain2TVSHLTD2026-08-062026-08-06AmalgamatedEntityDomain3TVSHLTD2026-08-06AmalgamatedEntityDomain3TVSHLTD2026-08-062026-08-06AmalgamatedEntityDomain4TVSHLTD2026-08-06AmalgamatedEntityDomain4xbrli:purexbrli:shares520056TVS Holdings LimitedTVSHLTDNOTLISTEDINE105A01035NewAmalgamation/ Mergerfalse2026-08-0514:57:002026-08-06STPL Trading and Services Private LimitedTransferorOthersPromoter GroupAs on 30th June 2026 Total assets - Rs. 387.26 Cr, Networth - Rs. 279.37 Cr; Turnover - Nil1526636770.808362838740.19200188947551100000000Home Credit India Finance Private LimitedTransferorMaterial SubsidiaryAs on 30th June 2026 Total assets - Rs. 8367.07 Cr, Networth - Rs. 2957.81 Cr; Turnover - 619.70 Cr15024738420.81953309818280.1805001833455670100000000TVS Housing Finance Private LimitedTransferorStep Down SubsidiaryAs on 30th June 2026 Total assets - Rs. 17.79 Cr, Networth - Rs. 17.24 Cr; Turnover - 0.25 Cr120000001000012000000100000000TVS Credit Services LimitedTransfereeStep Down SubsidiaryAs on 30th June 2026 Total assets - Rs. 35683.36 Cr, Networth - Rs. 6272.65 Cr; Turnover - 1918.11 Cr2208275190.8557372246500.14430025805216913027701970.8414570629640.1586003598331611true2026-08-05falsetrueSTPL Trading and Services Private Limited, one of the members of Promoter Group is a party to the Scheme and holds 7.50 % of Home Credit India Finance Private LimitedtrueSTPL Trading and Services Private Limited: Incorporated with the main objects of carrying on the business of buying, selling and dealing in all types of goods. Home Credit India Finance Private Limited: A Non-Banking Financial Company registered with Reserve Bank of India. It is primarily engaged in the business of retail financing. TVS Housing Finance Private Limited: Incorporated with the main objects of carrying on housing finance activities. However, the Company is yet to commence operations. TVS Credit Services Limited: A Non-Banking Financial Company registered with Reserve Bank of India. It is primarily engaged in providing automobile finance, consumer durable loans and small business loans.The Parties to the Scheme are under common control. To simplify the group structure, it is proposed to consolidate these entities. The rationale and the benefits of the Scheme, are as set out below: (i) streamlining of the group corporate structure and consolidation of assets and liabilities, leading to synergies of operations and resulting in the expansion and long-term sustainable growth, which will enhance value for various stakeholders of the Parties; (ii) simplification of corporate structure by reducing the multiplicity of legal and regulatory compliances through rationalization; (iii) reduction of administrative responsibilities, multiplicity of records and legal and regulatory compliances, cost savings and elimination of duplicate expenses; (iv) achieve optimal and efficient utilization of capital, enhance operational and management efficiencies; and (v) consolidating the NBFCs within the group in terms of RBI directions.Shares9:180On Amalgamation of the Transferor Company 1 with the Transferee Company 1 In consideration of and subject to the provisions of the Scheme, the Transferee Company 1 shall, without any further application, act, deed, consent, acts, instrument or deed, issue and allot equity shares to the shareholders of the Transferor Company 1 whose names are recorded in the register of members and records of the depository as members of the Transferor Company 1, as on the Effective Date, as under: “155.79 (One Hundred and Fifty-Five Point Seven Nine) equity shares of INR 10 each fully paid up of the Transferee Company 1 for every 200 (Two Hundred) equity shares of INR 10 each fully paid up of the Transferor Company 1;” On Amalgamation of the Transferor Company 2 and Transferor Company 3 with the Transferee Company 2 In consideration of and subject to the provisions of the Scheme, the Transferee Company 2 shall, without any further application, act, deed, consent, acts, instrument or deed, issue and allot equity shares, to the shareholders of the Transferor Company 2 whose names are recorded in the register of members and records of the depository as members of the Transferor Company 2, as on the Effective Date, as under: “9.94 (Nine Point Nine Four) equity shares of INR 10 each fully paid up of the Transferee Company 2 for every 180 (One Hundred and Eighty) equity shares of INR 10 each fully paid up of the Transferor Company 2;” Since the Transferor Company 3 is a wholly owned subsidiary of the Transferee Company 2, upon amalgamation of the Transferor Company 3 with the Transferee Company 2, no consideration shall be issued by the Transferee Company 2. Further, the share exchange ratio determined for discharge of consideration under the Scheme (Part II and Part III), has been arrived basis the estimated values of shares of the Parties, as of 31 March 2027. It is clarified that share exchange ratio shall be updated and revised by the registered valuer, basis the fair value of shares of the Parties to the Scheme determined as on the end of the financial quarter immediately preceding the Effective Date. For this purpose, the registered valuer will determine the share exchange ratio adopting similar methodologies and approaches as undertaken at the time of the approval of this Scheme by the Board of the respective Parties. The valuation report has been issued by Bansi S Mehta Valuers LLP, Registered Valuer. JM Financial Limited, Independent SEBI Registered Merchant Banker has issued its fairness opinion on the share exchange ratio determined by the Registered Valuer.Not applicable. TVS Holdings Limited is not a party to the Composite Scheme of Amalgamation and consequently, there will be no change in the shareholding pattern of TVS Holdings Limited.Yes. the transaction would fall within related party transactions.However, in terms of General Circular No. 30/2014 dated July 17, 2014, issued by Ministry of Corporate Affairs (“MCA Circular”), the transactions arising out of compromises, arrangements and amalgamations under the Companies Act, 2013 (“Act”), will not attract the requirements of Section 188 of the Act. The consideration for the amalgamation, as determined by the independent registered valuer M/s. Bansi S Mehta Valuers LLP (Registration No. IBBI/RV – E /06/2022/172) is being discharged on an "arm's length" basis.