TVS Srichakra Ltd

TVS Srichakra Capacity Expansion

TVS Srichakra Limited launched its 15th 'Eurogrip Tyres Exclusive Store' in Bahraich, Uttar Pradesh. The new signature outlet offers a full range of 2-wheeler and 3-wheeler tyres along with professional fitment and maintenance services. This expansion strengthens the company's branded retail presence in the key North Indian market.

TVS Srichakra Annual General Meeting

TVS Srichakra Limited announced the results of a postal ballot where shareholders approved the re-appointment of Mr. R Naresh as Managing Director for three years effective June 16, 2026. The resolution was passed with 96.35% of votes in favour.

Execution

3 years

TVS Srichakra Partnership

TVS Srichakra Limited has entered into an Assignment and Assumption Agreement with Super Grip Corporation and Bristol Motor Speedway, LLC. The company will assume rights and obligations under sponsorship and licensing agreements through December 2028. This strategic move aims to enhance global brand visibility and market reach.

Execution

Until 31st December 2028

TVS Srichakra Partnership

TVS Srichakra Limited has assumed sponsorship and suite license agreements from its US subsidiary with Bristol Motor Speedway, LLC. The company will pay USD 1,033,250 (₹9.51 Crore) in tranches through December 2028. This strategic partnership aims to enhance global brand visibility and reach in international markets.

Value

₹9.51 Cr

Execution

Until 31st December 2028

TVS Srichakra Other Announcement

TVS Srichakra Limited submitted its quarterly compliance certificate under SEBI Regulations for the period ended March 31, 2026. The registrar, Integrated Registry Management Services, confirmed that security certificates received for dematerialisation were processed and cancelled within the prescribed 15-day timeline.