TVS Srichakra reduced its tax liability significantly, with a demand dropping from nearly INR 29.5 crore to just over INR 3 crore after rectification. Despite this adjustment, the company asserts no substantial financial or operational disruption and has already lodged an appeal challenging the initial order.

TVS Srichakra inks a new deal worth $1.03 million with Super Grip Corp, USA, and Bristol Motor Speedway, aiming to elevate its global brand presence. The agreement includes payments spread over the coming years for fulfilling obligations from previous agreements.