TVS Electronics has informed that the Board of Directors of the Company, by way of circular resolution passed on 23rd December, 2025, has approved the cancellation of 1,11,60,093 fully paid-up equity shares ₹10/- held by the Transferor Company in the Company and allotted an equivalent number of new equity shares i.e. 1,11,60,093 fully paid-up equity shares of ₹10/- each, to the shareholders of the Transferor Company whose names appeared in the Register of Members as on the Record date i.e., 15th December 2025, in proportion to their holding in the Transferor Company. This includes the allotment of 1 equity share (aggregation of fractional entitlements arising out of allotment) to a trustee nominated by the Company for holding, disposal and settlement of such fractional share in accordance with the Scheme. The newly allotted equity shares shall rank with the existing equity shares of the Company and shall be listed on BSE and National Stock Exchange of India. There is no increase in the issued and paid-up equity share capital of the Company pursuant to the above allotment, as the same number of equity shares cancelled under the Scheme has been allotted to the shareholders of the Transferor Company.

The above information is a part of company’s filings submitted to BSE.