Corporate News     20-Mar-24
Board of TVS Motor Company approves issue of bonus preference shares
At meeting held on 20 March 2024
The Board of TVS Motor Company at its meeting held on 20 March 2024 has approved the scheme of arrangement between the company and its shareholders which provides for issuance and allotment of cumulative non-convertible redeemable preference shares (NCRPS) by way of bonus in ratio of 4 NCRPS of Rs 10/- each fully paid up of the Company for every 1 equity share of Rs 1 each fully paid up held as on the Record Date.

The NCRPS shall be redeemed on the expiry of 12 months from the date of allotment of the said NCRPS.

Previous News
  TVS Motor Company sales volumes jump 12% in May'24
 ( Corporate News - 01-Jun-24   16:04 )
  TVS Motor Company to table results
 ( Corporate News - 25-Apr-24   19:15 )
  TVS Motor rises after Q4 PAT climbs 49% YoY to Rs 410 cr
 ( Hot Pursuit - 05-May-23   09:41 )
  TVS Motor introduces new Apache RTR 310
 ( Hot Pursuit - 07-Sep-23   08:49 )
  TVS Motor Company Director ceases
 ( Corporate News - 23-Oct-23   14:16 )
  TVS Motor rises as sales climbs 23% YoY in Jan'24
 ( Hot Pursuit - 02-Feb-24   09:58 )
  TVS Motor reports 32% YoY rise in Q2 PAT; total auto sales at 10.74 lakh units
 ( Hot Pursuit - 30-Oct-23   18:09 )
  TVS Motor declines after December sales slips 4% YoY
 ( Hot Pursuit - 02-Jan-23   14:55 )
  TVS Motor Company Ltd gains for fifth session
 ( Hot Pursuit - 28-Nov-23   13:00 )
  TVS Motor Company receives credit rating for NCDs
 ( Corporate News - 04-Mar-23   10:50 )
  TVS Motor board OKs raising Rs 125-cr via NCDs
 ( Hot Pursuit - 15-Mar-23   10:12 )
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