TVS Srichakra Ltd approves capex of upto Rs. 210 crores

The Board of Directors of TVS SRICHAKRA LIMITED, at its meeting held today, i.e., January 17, 2026, has approved capital investment upto Rs.210.00 Crores at the manufacturing unit located at Rudrapur, Uttarakhand, towards capacity addition to the existing capacity at Unit-2.

The capacity utilization of the existing capacity of approximately 92 to 95 lakh tyres per annum is at about 80-85%. The proposed capacity addition of around 40-45% to meet growing demand for the Company’s 2/3-wheeler tyres will be funded through Internal Accruals and Debts.

Shares of TVS Srichakra Limited was last trading in BSE at Rs. 4009.60 as compared to the previous close of Rs. 4022.40. The total number of shares traded during the day was 126 in over 32 trades.

The stock hit an intraday high of Rs. 4405.00 and intraday low of 4008.95. The net turnover during the day was Rs. 510553.00.

Source : Equity Bulls

Keywords

TVSSrichakra INE421C01016 Capex CapacityExpansion Unit2 Rudrapur Uttarakhand