TVS Electronics Limited has approved the cancellation of 1,11,60,093 fully paid-up equity shares of ₹10 each held by TVS Investments Pvt Ltd (Transferor Company) in TVS Electronics Limited (Transferee/the Company). Concurrently, an equivalent number of new equity shares, 1,11,60,093 fully paid-up equity shares of ₹10 each, have been allotted to the shareholders of the Transferor Company. This allotment was made based on their names appearing in the Register of Members as of the Record Date, December 15, 2025, and in proportion to their holdings in the Transferor Company. The new equity shares will rank pari-passu with the existing equity shares of the Company and will be listed on both BSE Limited and the National Stock Exchange of India Limited. The company clarified that this allotment does not result in an increase in the issued and paid-up equity share capital, as the number of shares cancelled equals the number of shares allotted. This action is a part of the Scheme of Amalgamation between TVS Investments Pvt Ltd and TVS Electronics Limited. The Board of Directors passed this resolution via a circular resolution on December 23, 2025.