| OBJECTS & ACTIVITIES
Manufacture of rubber tyres, tubes and rubber products.
1984: Products were launched. The company received a letter of intent for the manufacture of 3 lakh nos. each tyres and tubes of cars, jeeps, LCV's and animal drawn vehicles. The company also undertook to expand its annual installed capacity from 6 lakh nos to 7.5 lakh nos. each of
tyres and tubes for two and three wheelers.
1985-86: Letter of intent was received for the manufacture 600000 nos. of automotive tyres and tubes per annum.
1986-87: The company undertook to implement a project for manufacture of 4 wheeler tyre and tubes for Maruti and Ambassador cars.
1987-88: The company launched its 4 wheeler tyres and tubes over all the country. The company converted the letter of intent for the manufacture of 6 lakh nos. of automotive tyres and tubes to an industrial licence.
1989-90: The company undertook an expansion programme at a cost of Rs.560 lakhs in connection with the project for the manufacture of automotive tyres and tubes. During October 1989 the company offered 171518 -12.5% secured fully convertible debentures of Rs.120 each. Out of these 163350 debentures were offered on a right basis to the existing shareholders. Additional 16333 debentures were allotted to shareholders in order to retain oversubscription. Each debenture of the face value of Rs.120 was converted into 10 equity shares of Rs.10 each at a premium of Rs.2 per share on the expiry of 6 months from the date of allotment of debentures.
1991-92: The company proposed to issue rights equity shares in the ratio of 1:2.
2001
- ICRA has also assigned the MAA- rating to the Rs 6-crore NCD programme of TVS Srichakra Ltd (TSL) indicating high safety.
2003
-Mr W P A R Nagarajan one of the Board of Directors of TVS Srichakra Ltd passed away
2004
-TVS Srichakra gets CII's awards in safety, health and environment
2007
- TVS Srichakra Ltd has appointed Mr. P K Sundaresan as President - Finance & Secretary of the Company, with effect from 30.4.2007.
2009
- Tvs Srichakra Ltd has appointed Mr. H Janardana Iyer as Director of the Company with effect from September 25, 2009.
2010
-TVS Srichakra Ltd have decided to declare an interim dividend of Rs. 10/- per share
2011
-Mr. P. Srinivasan has been appointed as Secretary of the Company.
2012
-TVS Srichakra Ltd has recommended a dividend of Rs. 13.50 per share (135%).
2013
-TVS Srichakra Ltd has recommended a dividend of Rs.7.50 per share (75%).
2014
-TVS Srichakra Ltd has recommended a dividend of Rs. 16 Per share (160%).
2015
-TVS Srichakra Ltd entered into an agreement with M/s Michelin India Private Ltd., Chennai for manufacture of certain range of two wheeler tyres under the brand name of Michelin.
2019 -TVS Srichakra launches new brand to serve domestic, overseas.
2021 -TVS Srichakra's Warranty App Launch. -TVS Eurogrip rolls out 11 new tyres. -TVS Srichakra enters Europe Two Wheeler Tyre market with exclusive product range under Eurogrip brand. -TVS becomes technical partner of One Make Championship for third year in a row.
2022 - TVS Srichakra launch of two new products.
2023 -TVS Srichakra Ltd fully acquired US-based SG Acquisition Corporation for USD 3 million (nearly Rs 25 crore) to take over Super Grip Corporation, an off-highway tyre maker. -"Company launced new products from Off-Highway Tyres (OHT) and 2W range of the company".
2024 -Eurogrip Tyres opens first branded retail store in Chennai.
2025 -Eurogrip, the two- and three-wheeler tyre brand from TVS Srichakra Ltd., strengthened its global footprint by showcasing its premium tyre range at two major international events & the Expo Moto International Trade Show in Mexico City and the Colombo Motor Show in Sri Lanka. -TVS Srichakra Ltd, has strengthened its retail network in Tamil Nadu with the launch of two new flagship stores in Chennai. -The company made an investment of Rs. 1,02,50,000/- and acquired 10,25,000 equity shares of Evincea Renewables (Six) Private Limited by subcribing at face value Rs. 10/- per share for purchase for solar power under Group Captive mode.
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