16 Sep 2025 | 3 Mins Read
TVS Holdings to consider issuing bonus preference shares
Flipitmoney
TVS Holdings' board will meet on September 22 to consider issuing cumulative non-convertible redeemable preference shares (NCRPS) as a bonus to shareholders, enabling existing investors to receive fixed dividends accumulating if unpaid and to be redeemed later, aiming to strengthen the company's long-term capital and maintain equity control.