Share price at the NSE close on 23 Oct 2026. Previous close ₹394.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹8,519 Cr582nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 4 Aug 2026
- 17.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 19 May 2026
- 1.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.91%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 4 Aug 2026
- 8.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 4 Aug 2026
- 3.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 19 May 2026
- 0.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,02,02565.4% delivered
TSF INVESTMENTS board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonHarsha VijiRelated to the promoter
- Company Secretary and Compliance OfficerS KALYANARAMAN
8 directors4 independent4 non-executive
- Harsha Viji · ChairpersonNon-executive · joined Jan 2017 · reappointed Jul 2023 · 3 listed boards
- R VenkatramanIndependent · joined Feb 2017 · reappointed Feb 2022 · 115 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
- Srivats RamNon-executive · joined Aug 2018 · reappointed Jul 2024 · 4 listed boards · 2 committee seats
- Ananth RamanujamNon-executive · joined Aug 2022 · reappointed Jul 2025 · 2 listed boards · 3 committee seats
- Priyamvada RamkumarIndependent · joined Apr 2023 · reappointed Apr 2023 · 42 months as independent · 1 listed board · 1 as independent
- Sriram VijiNon-executive · joined Apr 2023 · reappointed Jul 2026 · 2 listed boards · 1 as independent
- Sripriya KumarIndependent · joined Jan 2024 · reappointed Jan 2024 · 33 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Meenakshi RamaniIndependent · joined Jan 2026 · reappointed Jan 2026 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Shobhana Ramachandhran, left 16 Feb 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 3 Sep 20268 of 8 present4 independent · 14 days in between
- 19 Aug 20268 of 8 present4 independent · 14 days in between
- 4 Aug 20267 of 8 present3 independent · 3 days in between
- 31 Jul 20267 of 8 present4 independent · 72 days in between
1 earlier meeting
- 19 May 20268 of 8 present4 independent
Audit Committee
Chair R Venkatraman
Sripriya Kumar, Ananth Ramanujam, Meenakshi Ramani
- 3 Sep 20264 of 4 present4 independent · 14 days in between
- 19 Aug 20264 of 4 present4 independent · 14 days in between
- 4 Aug 20264 of 4 present4 independent · 3 days in between
- 31 Jul 20263 of 4 present3 independent · 72 days in between
1 earlier meeting
- 19 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair R Venkatraman
Harsha Viji, Priyamvada Ramkumar
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair R Venkatraman
Srivats Ram, Ananth Ramanujam
No meeting listed in the filing.
Risk Management Committee
Chair R Venkatraman
Ananth Ramanujam, Senthilnathan C
- 4 Aug 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- R.G.N. PRICE & COPeer-review certificate valid to Mar 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
TSF INVESTMENTS AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.TSF INVESTMENTS dividend history
Postal ballot, 21 Sep 2026
39,091 shareholders on the register on 14 Aug 2026; votes counted by Sri T K Bhaskar / H&B PARTNERS.The company's voting result (opens in a new tab)
- Approval of Material Related Party Transaction – Subscription to the Preferential Issue of Equity Shares offered on Private Placement basis by Wheels India Limited – Ordinary ResolutionOrdinaryPromoters have an interest in it99.29% for0.71% against
Against: promoters 0.00% · institutions 1.61% · other public 0.06%
Turnout: all 16.51% · promoters 0.00% · institutions 91.48% · other public 25.48%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Jul 2026, 3 resolutions
39,220 shareholders on the register on 16 Jul 2026; present: 47 promoters and 57 others; votes counted by Sri T K Bhaskar / H&B PARTNERS.The company's voting result (opens in a new tab)
- ADOPTION OF ACCOUNTS FOR THE FINANCIAL YEAR 2025-26 – ORDINARY RESOLUTIONOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 66.76% · promoters 96.80% · institutions 90.47% · other public 16.90%
- DECLARATION OF FINAL DIVIDEND – ORDINARY RESOLUTIONOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 66.78% · promoters 96.80% · institutions 90.65% · other public 16.90%
- RE-ELECTION OF SRI SRIRAM VIJI (DIN 03630636) THE RETIRING DIRECTOR – ORDINARY RESOLUTIONOrdinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.82% · other public 0.03%
Turnout: all 65.86% · promoters 95.14% · institutions 90.65% · other public 16.90%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 29 Jan 2026, 1 resolution
38,371 shareholders on the register on 19 Dec 2025; votes counted by Sri T K Bhaskar / H&B PARTNERS.The company's voting result (opens in a new tab)
Appointment of Ms. Meenakshi Ramani, (DIN: 11008437), as an Independent Director of the Company to hold office for a term of five (5) consecutive years with effect from 01st January 2026 to 31st December 2030. - Special ResolutionMoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 62.98% · promoters 90.55% · institutions 91.88% · other public 15.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 21 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
- Approval of Material Related Party Transaction – Subscription to the Preferential Issue of Equity Shares offered on Private Placement basis by Wheels India Limited – Ordinary Resolution
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance concern: The stake of the public shareholders of Wheels India Ltd is being diluted without adequate justification.
0 for1 against
Mutual fund votes, meeting of 23 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)
- ADOPTION OF ACCOUNTS FOR THE FINANCIAL YEAR 2025-26 – ORDINARY RESOLUTION1 for0 against
- DECLARATION OF FINAL DIVIDEND – ORDINARY RESOLUTION1 for0 against
- RE-ELECTION OF SRI SRIRAM VIJI (DIN 03630636) THE RETIRING DIRECTOR – ORDINARY RESOLUTION1 for0 against
6 earlier meetings
Mutual fund votes, meeting of 29 Jan 2026, 7 fund houses
Appointment of Ms. Meenakshi Ramani, (DIN: 11008437), as an Independent Director of the Company to hold office for a term of five (5) consecutive years with effect from 01st January 2026 to 31st December 2030. - Special ResolutionMoreLess
7 for0 against
Mutual fund votes, meeting of 28 Sep 2025, 1 fund house
- Approval for Material Related Party Transaction - Dis-investment of stake held in M/s. Sundaram Composite Structures Private Limited to M/s. Brakes India Private Limited.1 for0 against
Mutual fund votes, meeting of 7 Sep 2025, 1 fund house
Approval for change of name of the Company from Sundaram Finance Holdings Limited to TSF Investments Limited and consequential alteration in the Memorandum of Association and Articles of Association of the Company.MoreLess
1 for0 against
Mutual fund votes, meeting of 24 Jul 2025, 1 fund house
Appointment of Sri. A. Kalyana Subramaniam, Practicing Company Secretary, Chennai (CP : 16345) (Peer Review Certificate No.: 936/2020) as Secretarial Auditor of the Company for a term of five consecutive years commencing from 1st April 2025 to 31st March 2030 and to fix the remuneration.MoreLess
1 for0 against- To consider the Audited Financial Statements, including the Consolidated Financial Statements, of the Company, for the year ended 31st March 2025 and the Board's and Auditors Reports thereon.1 for0 against
To declare a final dividend of Rs. 1.55/- per share (31% on the face value of Rs. 5/-), as recommended by the Directors, for the financial year ended 31st March 2025 on the paid-up capital of Rs. 111.05 cr. and that the dividend amount of Rs. 31.42 cr. representing the said final dividend of Rs. 1.55/- per share (31% on the face value of Rs. 5/-) be paid out of the profits for the year 2024-25., making with the 1st interim dividend of Rs. 3.70/- per share (74% on the face value of Rs. 5/-) and 2nd interim dividend of Rs. 0.60/- per share (12% on the face value of Rs. 5/-) a total dividend of 5.85/- per share (117% on the face value of Rs. 5/-)for the year 2024-25 and that the total dividend amount of Rs. 129.93 cr. representing the said total dividend of Rs. 5.85/- per share (117% on the face value of Rs. 5/-) be paid out of the profits for the year 2024-25.MoreLess
1 for0 against- To re-appoint Sri Ananth Ramanujam (holding DIN: 00061970) as Director of the Company, liable for retirement by rotation.1 for0 against
Mutual fund votes, meeting of 15 May 2025, 1 fund house
Approval for Material Related Party Transaction: Pledge of up to 98,91,754 equity shares of Rs. 10/- each held by the Company in Axles India Limited and pledge of up to 61,58,208 equity shares of Rs. 10/- each proposed to be acquired by the Company in Axles India Limited, aggregating to 1,60,49,962 equity shares of Rs. 10/-each held by the Company in Axles India Limited, with an aggregate value of Rs. 476.12 Crores, as security for the debt proposed to be raised by the Company’s Wholly Owned Subsidiary M/s. Forge 2000 Private Limited, in accordance with the provisions of the pledge agreement proposed to be executed by the Company.MoreLess
1 for0 against
Mutual fund votes, meeting of 15 Dec 2024, 1 fund house
Material related party transaction arising out of the proposed dis-investment of entire stake of 2,52,896 equity shares of Rs.10/- each held by the Company in the share capital of M/s Delphi TVS Technologies Limited to M/s Cheema TVS Industrial Ventures Private Limited for a consideration of Rs. 40 Crores.MoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeAO,Income TaxSince 28 Jan 2020No ChangeAt the filing before: Order u/s 250 received directing the AO to reassess,OGE filed with AO, Final order received on 31.03.2025
- Tax disputeAO,Income TaxSince 4 May 2021No ChangeAt the filing before: Filed response to order u/s 270A and awaiting final order
- Tax disputeAO,Income TaxSince 30 Jun 2022No ChangeAt the filing before: Filed response to intimation under Sec143(1) and awaiting response, a rectification is filed to AO
- Tax disputeAO,Income TaxSince 16 Mar 2026No Change
At the filing before: Intimation u/s 143(1) was issued adjusting Rs.32.04 Lakhs against the refund claimed. Interest u/s 234C had been levied and TDS brought forward from previous financial years had been disallowed erroneously. An appeal was filed with the CIT(A) and an order was received on 26th March 2026 directing the AO to verify our claims and allow the same.MoreLess
- Tax disputeAO,Income Tax (SUBSIDIARY SBSL)Since 20 Jul 2020No ChangeAt the filing before: Received favourable order and filed OGE.
- Tax disputeAO,Income Tax (SUBSIDIARY SBSL)Since 30 Nov 2016No ChangeAt the filing before: Rectification follow up petition filed
- Tax disputeAO,Income Tax (SUBSIDIARY SBSL)Since 29 Dec 2016No ChangeAt the filing before: Rectification follow up petition filed
- Tax disputeAO,Income Tax (SUBSIDIARY SBSL)Since 19 Dec 2017No ChangeAt the filing before: Received favourable order and filed OGE.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.