TVS Holdings, a core investment company, is set to allot bonus shares to its shareholders with a record date of September 8, 2026. According to the company's exchange filing on August 27, TVS Holdings will issue and allot 46 non-convertible redeemable preference shares of ₹10 each by way of bonus for every 1 fully paid up equity share of ₹5 held by each equity shareholder of the company. The preference shares will be allotted on a one-to-one basis to eligible shareholders.
TVS Holdings shares demonstrated strong momentum, rising for the second consecutive session on Friday, September 4. The stock opened at ₹13,229.95 against its previous close of ₹13,145 and climbed 2.7% to reach an intraday high of ₹13,496.95 during the session. As reported by Mint, the stock has shown decent traction amid the approaching bonus share allotment.
TVS Holdings has delivered multibagger returns over the long term, though it is down 4% year-to-date. Over the last one year, the stock has gained 4%, hitting a 52-week high of ₹16,150 on November 18 and a 52-week low of ₹11,927.90 on September 4 last year. Over the last three and five years, the stock has jumped 145% and 341% respectively, as reported by Mint.
The company's consolidated profit for Q1FY27 showed strong growth, jumping 82% year-on-year to ₹610.25 crore. Revenue from operations for the quarter saw a 34% YoY jump to ₹17,076.18 crore from ₹12,742.19 crore in the same quarter last year, according to Mint reports. This robust financial performance comes as the company prepares for its bonus share allotment to eligible shareholders.
