TVS Holdings shareholders approved a Scheme of Arrangement via a court-convened meeting held on 24th April 2026.
The resolution passed with 99.9977% votes in favor, representing 87.5994% of the total outstanding equity shares.
The scrutinizer's report confirmed the e-voting process was conducted in compliance with NCLT orders and SEBI regulations.
Promoter and institutional shareholders voted 100% in favor, while public non-institutions showed 99.908% approval.