Board of Directors at its meeting held on September 22, 2025, have considered and approved bonus…
As filed · TVS Holdings Limited has informed the Exchange that the Board of Directors at its meeting held on September 22, 2025, have considered and approved bonus Non-Convertible Redeemable Preference shares at
What happened
FactTVS Holdings Limited has informed the Exchange that the Board of Directors at its meeting held on September 22, 2025, have considered and approved bonus Non-Convertible Redeemable Preference shares at the ratio of 46 : 1, i.e 46 Preference Shares of INR 10 each for every 1 Equity Shares of INR 5 each held through Scheme of Arrangement. Phiroze Jeejeebhoy Towers,. Reference : (a) Scheme of Arrangement between TVS Holdings Limited and.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
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Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%