Sundaram Finance Holdings Limited, acting as a promoter group of TVS Holdings Limited, has confirmed that it has not made any direct or indirect encumbrance of the shares held by it in TVS Holdings Limited. This declaration covers the financial year ending 31st March 2025 and earlier periods. The disclosure was made on 9 April 2025, in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.