TVS Motor Gets NSE & BSE Approval to List ₹190 Crore NCRPS Shares, Trading From March 10
Chennai, March 6, 2026: TVS Motor Company has received listing and trading approvals from both National Stock Exchange of India Limited and BSE Limited for its 190,03,48,456 6% Cumulative Non-Convertible Redeemable Preference Shares (NCRPS) with a face value of ₹10 each.
According to the company’s regulatory filing, the preference shares will begin trading on both exchanges from March 10, 2026.
Details of the Listed Preference Shares
The preference shares were issued pursuant to a Scheme of Arrangement between the company and its shareholders approved by the National Company Law Tribunal, Chennai, on July 31, 2025.
Key trading details include:
-
ISIN: INE494B04019
-
NSE Symbol: TVSMNCRPS
-
BSE Scrip Code: 717506
-
Total Shares Listed: 1,90,03,48,456
-
Face Value: ₹10 per share
-
Market Lot: 1 share
-
Distinctive Numbers: 1 – 1900348456
The shares will be traded in dematerialized form only on the stock exchanges.
Exchange Approvals Confirmed
The listing approval was granted by the NSE through its letter NSE/LIST/0009 dated March 6, 2026, while BSE issued trading approval through letter DCS/AMAL/BW/4113/2025-26 dated March 6, 2026.
Following the approvals, the exchanges confirmed that all market participants will be able to trade the preference shares from Tuesday, March 10, 2026.
Background of the Issue
The preference shares were issued as bonus 6% cumulative non-convertible redeemable preference shares under the court-approved restructuring plan. The allotment date for these securities was September 1, 2025.
The registrar and transfer agent for the securities is Integrated Registry Management Services Private Limited, Chennai.
Company Secretary K. S. Srinivasan confirmed the development in a communication to the stock exchanges.
