TSF Investments Annual General Meeting
Shareholders approved a material related party transaction to subscribe for equity shares of Wheels India Limited for an amount not exceeding ₹150 Crore.
- Value
- ₹150.0 Cr
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Shareholders approved a material related party transaction to subscribe for equity shares of Wheels India Limited for an amount not exceeding ₹150 Crore.
TSF Investments Limited informed the exchange that the NCLT, Chennai has sanctioned the scheme of amalgamation between its subsidiaries, Forge 2000 Private Limited and Axles India Limited.
TSF Investments issued a corrigendum to its postal ballot notice, revising the subscription price for Wheels India Limited shares to ₹1,461, with the total investment limit unchanged.
TSF Investments issued a postal ballot notice seeking shareholder approval for a ₹150 Crore subscription to a preferential issue by associate company Wheels India Limited.
TSF Investments Limited will subscribe to a preferential issue by Wheels India Limited for Rs. 150 Crore. The acquisition of 10,57,827 shares aims to consolidate holdings.
TSF Investments Ltd reported revenue from operations of ₹305.6 Cr (+70.9% YoY) and net profit of ₹124.9 Cr (-21.1% YoY) for Q1 FY27.
TSF Investments will acquire 2,56,547 shares (1.05%) of Wheels India Limited for ₹38.96 Crore via an inter-se transfer between promoter group entities.
TSF Investments Limited will hold a board meeting on August 4, 2026, to consider and approve the unaudited financial results for the quarter ended June 2026.
TSF Investments Limited held its 32nd Annual General Meeting on July 23, 2026, where the Chairman addressed macroeconomic conditions and the company's investment portfolio performance.