Event Overview
TVS Motor Company Limited has issued notice for its 34th Annual General Meeting (AGM) to be held on Wednesday, 22nd July 2026 at 11:00 AM IST through Video Conference/Other Audio Visual Means (VC/OAVM). The meeting is convened pursuant to SEBI Listing Regulations 30 and 50(2).
Business Items
Ordinary Business:
1. Approval and adoption of standalone and consolidated audited financial statements for the year ended 31st March 2026, together with Board's Report and Auditors' Report
2. Re-appointment of Mr. Sudarshan Venu (DIN: 03601690) as Director who retires by rotation
Special Business:
3. Ratification of remuneration payable to Cost Auditors - M/s C S Adawadkar & Co, Practicing Cost Accountants (Firm Registration No. 100401) for the financial year ending 31st March 2027. Remuneration fixed at ₹8,00,000 (Rupees eight lakh only) plus applicable taxes and reimbursement of travelling and other out-of-pocket expenses.
Voting Arrangements
- Remote e-Voting period: 19th July 2026 (9:00 AM IST) to 21st July 2026 (5:00 PM IST)
- Cut-off date for determining voting rights: Thursday, 16th July 2026
- e-Voting service provider: National Securities Depository Limited (NSDL)
- Scrutinizer: M/s B Chandra & Associates, Practicing Company Secretaries (Reg. No. P2017TN065700)
- Physical attendance not permitted pursuant to MCA Circular No. 03/2025 dated 22nd September 2025
- Facility available for 1000 members on first-come-first-served basis (excludes large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
Director Re-appointment Details
Mr. Sudarshan Venu:
- Current position: Chairman and Managing Director
- DIN: 03601690
- Remuneration for FY2025-26: ₹64.22 Crore
- Board Meetings attended in FY2025-26: 8 out of 8
- Educational qualifications: Graduate Degree in Management and Technology from University of Pennsylvania, USA; M.Sc. in International Technology Management from University of Warwick, UK; B.S. in Mechanical Engineering and Economics
- Directorships in 12 Indian entities including TVS Holdings Limited, TVS Credit Services Limited, TVS Electric Mobility Limited, Coromandel International Limited
- Directorships in 5 foreign entities including The Norton Motorcycle Co. Limited (UK), TVS Motor (Singapore) Pte Limited
- Committee memberships across multiple group companies including Risk Management, Nomination and Remuneration, Stakeholders' Relationship, and CSR committees
- Relationship with other directors: Son of Mr. Venu Srinivasan, Chairman Emeritus and Managing Director
- Shareholding: No shares held in own name, beneficial basis, or as beneficial owner
Additional Information
- Unclaimed dividends for earlier years that remain unclaimed for seven years will be transferred to Investor Education and Protection Fund (IEPF)
- Annual Report available on company website (www.tvsmotor.com) and stock exchange websites
- Members requested to update PAN, bank details, and contact information with Depository Participants or company
- Special window open until February 4, 2027 for transfer and dematerialization of physical securities sold/purchased prior to April 1, 2019
- Dividend payments to physical shareholders require KYC compliance with PAN, contact details, bank account details, and specimen signature registration
- TDS will be deducted from dividend payments as per Income Tax Act, 2025 requirements