Date: 1st September 2026
Redemption Details
TVS Motor Company Limited has completed the full redemption of 190,03,48,456 bonus 6% cumulative non-convertible redeemable preference shares (NCRPS) at maturity on September 1, 2026.
Coupon Payment Details
- Issue size: ₹1,900,34,84,560
- Coupon amount paid: ₹114,02,09,074 (6% per annum on redemption amount of ₹10 per NCRPS)
- Payment frequency: Annual
- Coupon payment record date: August 21, 2026
- Due date for coupon payment: September 1, 2026
- Actual date of coupon payment: September 1, 2026
- Last coupon payment: Not applicable
Redemption Payment Details
- Type of redemption: Full redemption
- Reason for redemption: Maturity
- Quantity redeemed: 190,03,48,456 NCRPS
- Due date for redemption/maturity: September 1, 2026
- Actual date for redemption: September 1, 2026
- Amount redeemed: ₹1,900,34,84,560
- Outstanding amount: Nil
- Date of last interest payment: Not applicable
Outcome
Consequent to the payment of redemption, the NCRPS stand redeemed and extinguished effective September 1, 2026.