TVS Motor : Register of Contracts July 2023

Form MBP 4

Register of contracts or arrangements with related parties in which directors are interested

[Pursuant to Section 189(1) of the Companies Act, 2013 and Rule 16(1) of the Companies (Meetings of Board and its Powers) Rules, 2014 ]

Name of the Company

: TVS Motor Company Limited

Date of approval at the meeting of the Board/Committee

:

24th January 2023

Date of the next meeting at which register was placed for signature

:

23rd March 2023

Name of the

Relation with

Details of voting on such resolution

director/

Whether the

Amount of

Date of

party with which

Nature of Contracts /

Specific Reference to

Date of contract /

Name of the interested

company/

Principal terms and

transaction is

No. of

Directors

Directors

contract or

shareholders

Remarks

arrangement

contract is

director (M/s.)

Nature of

conditions

Arrangements /

Section 188 (1) of the

at arm's

Directors

Directors

arrangement

approval if

(If any)

entered into

Transactions

Companies Act, 2013

voting in

remaining

concern or

length basis

present in the

voting against

(Rs. In Cr)

any

(M/s.)

favour

neutral

interest

meeting

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

1st April 2023

TVS Holdings

Venu Srinivasan

188(1)(a) -

to

Sudarshan Venu

2(76) - (viii)(A)

Market Price

Sale of Spare parts

Yes

11

8

0

0

700.00

NA

Private Limited

Sale of goods

31st March 2024

Dr Lakshmi Venu

Mark-up on cost of raw

188(1)(a) -

materials /conversion cost

Purchase of Castings

Yes

11

11

0

0

650.00

NA

Purchase of goods

/overhead**

Venu Srinivasan

1st April 2023

Sundaram-Clayton

Sudarshan Venu

188(1)(d) - Availing of

to

2(76) - (viii)(A)

As per Agreement

Management services

Yes

11

11

0

0

61.25

NA

Limited

Dr Lakshmi Venu

services

31st March 2024

R Gopalan

Mark-up on cost

Sharing of IT Services &

188(1)(d) - Rendering of

/overhead/Actual cost-

Yes

11

11

0

0

3.00

NA

other common expenses

services

Cost+ Margin

1st April 2023

The Norton

188(1)(a) -

to

Motorcycle Co

2(76) - (viii)(A)

Market Price

Purchase of Vehicles

Yes

11

11

0

0

1.00

NA

Purchase of goods

31st March 2024

Limited

Mark-up on cost of raw

Purchase of Plastic

188(1)(a) -

Purchase of

materials /conversion cost

Yes

11

11

0

0

600.00

NA

Components

goods

/overhead**

1st April 2023

Sundaram Auto

Venu Srinivasan

to

Components

2(76) - (viii)(A)

Dr. Lakshmi Venu

Mark-up on cost

188(1)(d) - Rendering of

31st March 2024

Limited

Rent

/overhead -

services- renting of premises

Yes

11

11

0

0

2.00

NA

Cost+ Margin

& CoE

Mark-up on cost

Sharing of SAP

188(1)(d) - Rendering of

/overhead -

Cost +

Maintenance charges/

Yes

11

11

0

0

1.00

NA

1st April 2023

PT TVS Motor

services

K N Radhakrishnan

2(76) - (viii)(A)

Margin

Tech services

to

Company

31st March 2024

Indonesia

Mark-up on cost of raw

Sales of Two Wheelers &

188(1)(a) -

Sale of

materials /conversion cost

Components (Net of

Yes

11

11

0

0

600.00

NA

goods

/overhead**

Purchases)

Form MBP 4

Register of contracts or arrangements with related parties in which directors are interested

[Pursuant to Section 189(1) of the Companies Act, 2013 and Rule 16(1) of the Companies (Meetings of Board and its Powers) Rules, 2014 ]

Name of the Company

: TVS Motor Company Limited

Date of approval at the meeting of the Board/Committee

:

24th January 2023

Date of the next meeting at which register was placed for signature

:

23rd March 2023

Name of the

Relation with

Details of voting on such resolution

director/

Whether the

Amount of

Date of

Date of contract /

party with which

Nature of Contracts /

Specific Reference to

Name of the interested

company/

Principal terms and

transaction is

No. of

Directors

Directors

contract or

shareholders

Remarks

arrangement

contract is

director (M/s.)

Nature of

conditions

Arrangements /

Section 188 (1) of the

at arm's

Directors

Directors

arrangement

approval if

(If any)

entered into

Transactions

Companies Act, 2013

voting in

remaining

concern or

length basis

present in the

voting against

(Rs. In Cr)

any

(M/s.)

favour

neutral

interest

meeting

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Subvention Charges-Retail

188(1)(d) Availing of

As per agreed terms

scheme

Yes

11

11

0

0

15.00

NA

Venu Srinivasan,

Services

& SAP Maintainence

1st April 2023

TVS Credit

Sudarshan Venu,

2(76) - (viii)(A)

Sharing of SAP

to

K N Radhakrishnan,

188(1)(d) - Rendering of

Services Limited

As per agreed terms

Maintenance charges/

Yes

11

11

0

0

15.00

NA

31st March 2024

R Gopalan

services

Tech services

B Sriram

As per agreed terms

Investments

Reg 23 of SEBI Listing

Yes

11

11

0

0

200.00

NA

Regulations

1st April 2023

TVS Motor

Venu Srinivasan,

Reg 23 of SEBI Listing

NA

to

(Singapore) Pte.

Sudarshan Venu,

2(76) - (viii)(A)

As per agreed terms

Investments

Yes

11

11

0

0

1124.00

Regulations

31st March 2024

Ltd.

Lalita D Gupte

1st April 2023

TVS Motor

Reg 23 of SEBI Listing

to

K N Radhakrishnan

2(76) - (viii)(A)

As per agreed terms

Investments

Yes

11

11

0

0

50.00

NA

Services Limited

Regulations

31st March 2024

1st April 2023

TVS Motor

Company

Gratuity Fund

to

-

As per IND AS

Gratuity Fund

-

Yes

11

11

0

0

6.00

NA

Employees

Contribution

31st March 2024

Gratuity Fund

1st April 2023

TVS Motor

Company

Provident Fund

to

-

As per IND AS

Provident Fund

-

Yes

11

11

0

0

110.00

NA

Employees

Contribution

31st March 2024

Provident Fund

Mark-up on cost of raw

Purchase of Electronic

188(1)(a) -

1st April 2023

materials /conversion cost

Yes

11

10

0

0

NA

Tagbox Solutions

Goods

Purchase of goods

to

-

2(76) - (viii)(A)

/overhead**

3.00

Private Limited

31st March 2024

As per Agreement

Testing and Certification

188(1)(d) - Availing of

Yes

11

10

0

0

NA

services

1st April 2023

Predictronics

-

Software purchase

188(1)(a) - Purchase of goods

Yes

11

11

0

0

0.50

NA

to

Corp.

31st March 2024

1st April 2023

Mark-up on cost

Legal and Professional

188(1)(d) - Availing of

to

Dua Associates

C R Dua

2(76) - (iii)

/overhead.

Yes

11

10

0

0

1.50

NA

Charges

services

31st March 2024

Reimbursement on actuals

Form MBP 4

Register of contracts or arrangements with related parties in which directors are interested

[Pursuant to Section 189(1) of the Companies Act, 2013 and Rule 16(1) of the Companies (Meetings of Board and its Powers) Rules, 2014 ]

Name of the Company

: TVS Motor Company Limited

Date of approval at the meeting of the Board/Committee

:

24th January 2023

Date of the next meeting at which register was placed for signature

:

23rd March 2023

Name of the

Relation with

Details of voting on such resolution

Amount of

director/

Specific Reference to

Whether the

Date of

Date of contract /

party with which

Name of the interested

Nature of Contracts /

company/

Principal terms and

transaction is

No. of

Directors

Directors

contract or

shareholders

Remarks

arrangement

contract is

director (M/s.)

Nature of

conditions

Arrangements /

Section 188 (1) of the

at arm's

Directors

Directors

arrangement

approval if

(If any)

entered into

Transactions

Companies Act, 2013

voting in

remaining

concern or

length basis

present in the

voting against

(Rs. In Cr)

any

(M/s.)

favour

neutral

interest

meeting

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

1st April 2023

Dua Consulting

Mark-up on cost

188(1)(d) - Availing of

to

C R Dua

2(76) - (iv)

Professional Charges

Yes

11

10

0

0

6.00

NA

Private Limited

/overhead

services

31st March 2024

Fixed fee for rendering

1st April 2023

Mc-Cann Erickson

advertisement support

services per TVS brand.

188(1)(d) - Availing of

to

(India) Private

C R Dua

2(76) - (iv)

Advertisement Services

Yes

11

10

0

0

10.00

NA

For co-ordination activity,

services

31st March 2024

Limited

commission on fee at

agreed rate.

1st April 2023

Lakshmi Energy

As per agreed rate

188(1)(d) - Availing of

and Environment

2(76) - (ii)

Erection & Commisiioning

Yes

11

10

0

0

1.00

NA

to

Sudarshan Venu

Design Pvt Ltd

contract -Cost + Margin

services

31st March 2024

1st April 2023

Lakshmi Energy

and Environment

As per agreed rate

188(1)(d) - Availing of

to

Sudarshan Venu

2(76) - (ii)

Erection & Commisiioning

Yes

11

10

0

0

1.00

NA

Design Pvt Ltd

contract -Cost + Margin

services

31st March 2024

1st April 2023

Key

Executive Directors,

Interested

Payment of Commission &

directors/officials

to

Managerial

Independent Directors,

2(76) - (ii)

As per agreed terms

Yes

11

11

0

0

84.24

NA

did not

salary

31st March 2024

Personnel &

CFO, CS

vote/participate

Directors

during their item

2(76) - (iv) - Private Company in which

a director or his relative is a member

or director

2(76) - (v) - Public company in which a director is a director and holds more than 2% share capital

2(76) - (vii) - Any company whose board is accustomed to act in accordance with the directions of a director

2(76) - (viii)(A) - Any company which is a holding / subsidiary / associate of the Company

2(76) - (Viii) (B) - Any Company which is a subsidiary of a holding company to which it is also a subsidiary

* Interested through relatives

**Terms & Conditions will be based on Business requirements and comparable with third parties

Prof. Sir Ralf Dieter Speth

Venu Srinivasan

Sudarshan Venu

Dr. Lakshmi Venu

K N Radhakrishnan

C R Dua

Chairman

Chairman Emeritus & Managing Director

Managing Director

Director

Director & CEO

Director

Lalita D Gupte

T Kannan

Kuok Meng Xiong

Hemant Krishan Singh

R Gopalan

B Sriram

Director

Director

Director

Director

Director

Director