TVS Motor 34th AGM Voting Results Approval

Meeting Details

Date: Wednesday, 22nd July 2026
Location: Conducted through Video Conferencing
Type: 34th Annual General Meeting (AGM)
Record Date: 16th July 2026
Total Shareholders on Record Date: 336,969

Attendance Details

Promoters/Promoter Group Present through Video Conferencing: 1
Public Shareholders Present through Video Conferencing: 104
Promoters/Promoter Group Present in Person/Proxy: 0
Public Shareholders Present in Person/Proxy: 0

Proposed Resolutions and Implications

Three ordinary resolutions were proposed and approved:

1. Adoption of Standalone & Consolidated audited financial statements for the year ended 31st March 2026

2. Re-appointment of Mr. Sudarshan Venu (DIN: 03601690) as Director, who retires by rotation

3. Payment of remuneration to M/s C S Adawadkar & Co, Practicing Cost Accountants (Firm Registration No. 100401) for the financial year 2026-27

Voting Process and Methods

Remote e-voting period: Commenced on 19th July 2026 at 9:00 AM IST and ended on 21st July 2026 at 5:00 PM IST
E-voting platform: National Securities Depository Limited (NSDL)
Advertisement: Published in Business Standard (English) and Hindu Tamil (vernacular) newspapers on 30th June 2026
Notice update: Email ID update notice published on 3rd June 2026 in Business Standard and Hindu Tamil
Voting at meeting: 15-minute voting period provided after meeting close for members who hadn't voted remotely
Votes cast during meeting: 6 shareholders cast votes electronically through VC/OAVM procedure

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

Total Valid Votes: 386,727,733
Votes in Favor: 386,677,910 (99.9871%)
Votes Against: 49,823 (0.0129%)

Resolution 2: Re-appointment of Director

Total Valid Votes: 387,032,656
Votes in Favor: 363,590,991 (93.9432%)
Votes Against: 23,441,665 (6.0568%)

Resolution 3: Auditor Remuneration

Total Valid Votes: 387,032,666
Votes in Favor: 387,032,008 (99.9998%)
Votes Against: 658 (0.0002%)

Shareholder Category Breakdown

Resolution 1 Voting Pattern:

Promoter & Promoter Group: 23,881,278 votes (100% in favor, 0% against)
Public Institutions: 195,895,325 votes cast, 145,958,634 votes polled (73.75% participation), 122,519,454 in favor (83.94%), 23,439,180 against (16.06%)
Public Non-Institutions: 3,837,903 votes cast, 226,123 votes polled (5.89% participation), 225,875 in favor (99.89%), 248 against (0.11%)

Resolution 2 Voting Pattern:

Promoter & Promoter Group: 23,881,278 votes (100% in favor, 0% against)
Public Institutions: 195,895,325 votes cast, 145,958,634 votes polled (73.75% participation), 122,519,454 in favor (83.94%), 23,439,180 against (16.06%)
Public Non-Institutions: 3,837,903 votes cast, 226,123 votes polled (5.89% participation), 225,875 in favor (99.89%), 248 against (0.11%)

Resolution 3 Voting Pattern:

Promoter & Promoter Group: 23,881,278 votes (100% in favor, 0% against)
Public Institutions: 195,895,325 votes cast, 145,958,634 votes polled (73.75% participation), 145,958,634 in favor (100%), 0 against (0%)
Public Non-Institutions: 3,837,903 votes cast, 226,124 votes polled (5.89% participation), 226,058 in favor (99.97%), 66 against (0.03%)

Scrutinizer's Role and Findings

B. Chandra of B. Chandra & Associates, Practising Company Secretaries (Regn No P2017TN065700) was appointed scrutinizer via Board resolution dated 13th May 2026. The scrutinizer:

Verified the e-voting process conducted through NSDL platform
Confirmed that corporate members provided proper authorization documents
Unblocked the list of shareholders who cast remote e-votes in presence of two witnesses on 22nd July 2026
Certified that all three resolutions passed with requisite majority as ordinary resolutions
Confirmed that voting records are in safe custody and will be handed to the Chairman after minutes approval

Compliance Confirmation

The voting process complied with:

Section 108 of Companies Act, 2013
Rule 20 of Companies (Management & Administration) Rules, 2014
SEBI Circular Nos. 14/2020, 17/2020, 10/2021, 03/2022, 11/2022, 09/2023, 09/2024, and 03/2025
MCA circulars regarding VC/OAVM meetings