Our Board of Directors ("the Board") have pleasure in
presenting the Twenty Second Annual Report together
with the audited financial statements of TVS Supply Chain
Solutions Limited for the year ended March 31,2026
("FY26" or "during the year").

FINANCIAL RESULTS

Key highlights of the financial results of our Company for
FY26 are as under:

(' in Crores)

BUSINESS PERFORMANCE

State of Affairs of the Company/ Business Operations

Our Company is an India based multinational, which
pioneered the development of the supply chain solutions
market in India. It is a tech-led and asset-light supply chain
solutions provider with capabilities across the value chain.
We were promoted by TVS & Sons and are now part of
the TVS Mobility Group. For more than 20 years, we have
managed large and complex supply chains across multiple
industries in India and select global markets through
customized tech-enabled solutions.

Our Company's solutions covering entire value chain
from sourcing to consumption can be divided into two
segments: (i) Integrated Supply Chain Solutions ("ISCS");
and (ii) Global Forwarding Solution ("GFS").

During the year, key changes were made in our segment
structure; the new ISCS segment brings together ISCS and
IFM under one unified model enabling bundled,
end-to-end service tailored to client needs. GFS reflects our
freight forwarding business.

Our capabilities under the ISCS segment include sourcing
and procurement, integrated transportation, logistics
operation centres, in-plant logistics operations, finished
warehousing, aftermarket fulfilment, supply chain
consulting closed loop logistics and support including
spares logistics, break-fix, refurbishment & engineering
support, courier and consignment management. Our
capabilities under the GFS include managing end-to-end
freight forwarding and distribution across ocean, air and
land, warehousing and at port storage and value-added
services.

During the year, the business delivered solid topline
growth, revenue grew by 10.08%. Total income was
'11,040.76 crores in Fiscal 2026 compared to '10,028.88
crores in Fiscal 2025.

Our Company's focus on business development continues
to deliver strong results. Our Company added '1206.74
crores additional revenue from new business development
in FY26. The number of Fortune 500 customers serviced
by our Company has grown to 100 during FY26 compared
to 91 in FY25, reflecting the steady growth of marquee
customers of the Company.

Our Company achieved Adjusted EBITDA growth of 15.48%,
from '667.37 crores to '770.71 crores, primarily driven
by new business wins and strategic cost optimisation
initiatives taken during the year which substantially
enhanced operating leverage.

This year marked a period of strategic wins. A major
highlight was securing a significant contract in India with
a leading Global Wind Turbine manufacture, in Europe
with a leading multinational Retail chain. We successfully
encircled and grew the operations in North America with a
leading global agricultural equipment manufacturer.

Segment performance (' in Crores)

The (ISCS) segment reported a 9.63% year-over-year
revenue growth, primarily driven by new business
development wins, which contributed significantly to the
topline and coupled with price increase from customers.
This was partially offset by volume declines from existing
clients, particularly in select geographies.

The Global Forwarding Solutions (GFS) segment delivered
a 11.42% year-over-year revenue growth, primarily driven
by higher volume in ocean freight, in spite of reduction in
freight rates.

ISCS segment achieved a strong recovery, EBITDA grew by
16.94% from '627.34 crores to '733.63 crores, growth is
primarily driven by cost optimization initiatives and new
business wins in SCS Europe and India

In the GFS segment, EBITDA declined by 8.99%, from
'66.70 crores to '60.69 crores, despite revenue
growth of 11.42%. The GFS segment continues to face
global headwinds and freight rate volatility. However,
performance rebounded in H2'26 compared to H1'26
driven by implementation of the cost optimization
initiatives and successful Business Development.

Subsidiary, Associates and Joint Venture

As of March 31,2026, our Company had Fifty-Six (56)
subsidiaries (including step down subsidiaries) and one (1)
joint venture within the meaning of the Companies Act,
2013 ("Act") and there has been no material change in the
nature of the business of the subsidiaries or joint venture.

TVS SCS Global Freight Solutions Limited, TVS SCS IFM
Limited (Erstwhile Rico Logistics Limited), TVS Logistics
Investment UK Limited, TVS Supply Chain Solutions UK
Limited, TVS Logistics Investment USA, TVS Supply Chain
Solutions North America Inc. USA, TVS Supply Chain
Solutions Pte. Ltd., Singapore and TVS SCS Singapore Pte.
Ltd. are material unlisted subsidiaries of the Company
pursuant to provisions of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ("SEBI
Listing Regulations"). The policy for determining material
subsidiaries is hosted on the website of the Company at
https://www.tvsscs.com/investor-relations/wp-content/
uploads/2024/10/9.-Policy-for-Determination-of-Material-
Subsidiary.pdf

During the year, 5 (Five) step down dormant global
subsidiaries of the Company namely, Tri - Tec Computer
Support Limited, Northern Ireland, Pan Asia Container
Line Pte Ltd, Hong Kong, Peter Thomas & Co (Refurbishing)
Limited, UK, Transtar International Freight (Malaysia) SDN.
BHD., Malaysia and SPCINT Limited, UK were closed as per
provisions under local statutes.

The Board of Directors at its meeting held on February
5, 2024, has accorded its approval to the draft Scheme
of Amalgamation which provides for the merger of TVS
SCS Global Freight Solutions Limited, White Data Systems
Private Limited, SPC International (India) Private Limited
and FLEXOL Packaging (India) Limited which are wholly
owned subsidiaries of the Company, and Mahogany
Logistics Services Private Limited (formerly known as 'DRSR
Logistics Services Private Limited') with and into TVS Supply
Chain Solutions Limited.

BSE and NSE have, vide their letters dated January 1,2025
and February 28, 2025, respectively, conveyed "no adverse
observations / no-objection" to the Scheme. The Scheme
would be subject to the sanction and approval of the
National Company Law Tribunal and shareholders.

The application for merger of TVS SCS Global Freight
Solutions Limited, White Data Systems Private Limited,
FLEXOL Packaging (India) Limited and Mahogany Logistics
Services Private Limited (formerly known as 'DRSR Logistics
Services Private Limited') with and into TVS Supply Chain
Solutions Limited was filed with National Company Law
Tribunal, Chennai and the application for merger of SPC
International (India) Private Limited with and into TVS
Supply Chain Solutions Limited was filed with National
Company Law Tribunal, Bangalore on March 31,2025.

NCLT, Chennai vide their order dated May 30, 2025,
directed the Company to convene the meeting of Equity
Shareholders and Unsecured Creditors of the Company
on July 30, 2025 ("NCLT Convened Meetings") for their
approval. Pursuant to the directions of NCLT, Chennai,
the NCLT Convened Meetings were held and resolutions
were passed with requisite majority. Post approval of
shareholders and creditors, the Company filed a petition
with NCLT for approval of the Scheme. The matter has now
been reserved for orders. Directions on the Scheme from
NCLT Bengaluru are awaited.

The Report on the performance and financial position of
the subsidiaries and joint venture is provided in the Notes
to the Consolidated Financial Statements. Pursuant to
the provisions of Section 129(3) of the Act, read with Rule
5 of the Companies (Accounts) Rules, 2014, a statement
containing salient features of the Financial Statements of
the Company's subsidiaries and joint venture in
Form AOC-1, is Annexure A to the Report.

Pursuant to the provisions of Section 136 of the Act,
the Standalone Financial Statements of the Company,
Consolidated Financial Statements along with relevant

documents and separate audited financial statements with
respect to the subsidiaries and joint venture are available
on the website of the Company at www.tvsscs.com/
investor-relations/. The Consolidated Financial Statements
presented by the Company include the financial results of
its subsidiary companies and joint venture.

The details of investments made in various subsidiaries are
provided as part of the Financial Statements for FY26.

CHANGES IN CAPITAL STRUCTURE

The equity paid-up share capital of the Company as
on March 31,2026, was '44,11,80,027, comprising of
44,11,80,027 equity shares of face value of '1 each,
16,00,000 equity shares of '1 each forfeited at '0.2 each
and 15,351 non-convertible redeemable preference shares
of face value of '10 each.

During the FY26, the Company has allotted 10,530
fully paid-up equity shares of '1 each, pursuant to the
employee stock option plans of the Company.

DIVIDEND DISTRIBUTION POLICY

Our Company has formulated a Dividend Distribution
Policy, with an objective to provide the dividend
distribution framework to the stakeholders of the
Company. The policy sets out various internal and
external factors, which shall be considered by the Board in
determining the dividend pay-out. The policy is available
on the website of the Company at www.tvsscs.com/
investor-relations/wp-content/uploads/2024/10/TVS-SCS-
Draft-Dividend-Policy-v3.pdf

DIVIDEND

Your Directors have decided not to recommend any
dividend for the FY26, with a view to conserving resources
for future growth.

TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR
EDUCATION AND PROTECTION FUND ("IEPF")

During the year under review, there was no unpaid/
unclaimed dividend to be transferred to IEPF Account.

TRANSFER TO RESERVES

Our Company has not transferred any amount to the
reserves for FY26.

PUBLIC DEPOSITS

Our Company has not accepted any deposit within the
meaning of provisions of Chapter V of the Act, read with
the Companies (Acceptance of Deposits) Rules, 2014 for
the FY26.

MATERIAL CHANGES AND COMMITMENTS

There have been no material changes and commitments
affecting the financial position of the Company which
occurred between the end of the financial year of the
Company to which the financial statements related to and
date of this Report.

CORPORATE GOVERNANCE

Our Company is committed to transparency in all its
dealings and places high emphasis on business ethics.
Corporate governance of the Company guides the conduct
of affairs of the Company and clearly delineate the
roles, responsibilities, and authorities at each level of its
governance structure and key functionaries involved in the
governance.

A detailed Report on Corporate Governance along with a
Certificate from a Company Secretary in Practice regarding
compliance with the conditions of Corporate Governance
as stipulated under Schedule V of the SEBI Listing
Regulations is included as a separate section and forms
part of this Annual Report.

Chief Executive Officer and Chief Financial Officer
certification and the declaration by the Managing Director
regarding compliance to Code of Conduct pursuant to SEBI
Listing Regulations are annexed to Corporate Governance
Report.

DIRECTORS AND KEY MANAGERIAL PERSONNEL
Directors

Sri. R Dinesh and Ms. Shobhana Ramachandhran,

Directors, retire by rotation at the 22^nd Annual General
Meeting ("AGM") and being eligible, offered themselves for
re-appointment.

Consequent to resignation of Sri. Ravi Viswanathan
as Director and stepping down as Managing Director
of the Company with effect from June 30, 2026, and
considering the experience, background, pursuant to the
recommendation of the Nomination and Remuneration
Committee, the Board of Directors, at their meeting held
on May 25, 2026 appointed Sri. Vikas Chadha
(DIN: 06624266) as an Additional Director in terms of
Section 161 of the Act and as Managing Director the
Company, liable to retire by rotation, for period of five
years from July 1,2026 to June 30, 2031, subject to the
approval of the shareholders at this Annual General
Meeting. Requisite consent and disclosure forms have
been received from Sri. Vikas Chadha. The Company has
received a notice in writing in terms of Section 160 of the
Act from a member proposing the candidature of
Sri. Vikas Chadha for the office of Director of the Company.

The resolutions seeking approval of the members for
their re-appointment/ appointment, as applicable, have
been incorporated in the Notice convening the AGM of the
Company along with brief details about them.

The Board wishes to record its sincere appreciation for
the services rendered by Sri. Ravi Viswanathan, during his
tenure as Director.

Key Managerial Personnel ("KMP")

The Key Managerial Personnel of the Company for the
purpose of the Act are:

# Resigned with effect from June 30, 2026.

* Appointed with effect from January 22, 2026.

** Appointed with effect from July 1, 2026.

There are no changes in the composition of KMP for FY26

other than the changes as detailed above.

DIRECTORS' RESPONSIBILITY STATEMENT

Pursuant to the provisions of Section 134(5) of the Act, the

Board, to the best of their knowledge and ability, confirm

that:

a) in the preparation of the annual financial statements
for the year ended March 31,2026, the applicable
accounting standards had been followed along with
proper explanation relating to material departures;

b) for the financial year ended March 31,2026, such
accounting policies as mentioned in the notes to the
financial statements have been applied consistently
and judgments and estimates that are reasonable anc
prudent have been made so as to give a true and fair
view of the state of affairs of the Company at the end
of the financial year and of the profit of the Company
for the financial year ended March 31,2026;

c) that proper and enough care has been taken for
the maintenance of adequate accounting records
in accordance with the provisions of the Act for
safeguarding the assets of the Company and

for preventing and detecting fraud and other
irregularities;

d) the annual financial statements have been prepared
on a going concern basis;

e) that proper internal financial controls were followed
by the Company and that such internal financial
controls are adequate and were operating effectively;

f) that proper systems have been devised to ensure
compliance with the provisions of all applicable laws
were in place and that such systems were adequate
and operating effectively.

BOARD / COMMITTEES

During FY26, Eight (8) board meetings were held. The
details of composition of the Board and its Committees,
terms of reference of the Committees and the details
of meetings held during the year are furnished in the
Corporate Governance Report, which forms part of the
Annual Report.

INDEPENDENT DIRECTORS

The Company has received declarations from the
Independent Directors of the Company confirming that
they meet the criteria of independence prescribed under
the Section 149(6) of the Act and Regulation 16(1)(b) of SEBI
Listing Regulations.

Senior Management Personnel of the Company interact
with the directors from time to time to enable them to
understand the Company's strategy, business model,
operations, markets, organization structure, finance,
human resources, technology and such other areas. The
Company has also disclosed the Independent Director's
familiarization programme on its website at www.tvsscs.
com/investor-relations/.

In the opinion of the Board, the independent directors
are persons of high integrity and repute and possess
the requisite proficiency, expertise and experience and
fulfil the conditions specified in the Act and Rules made
thereunder and are independent of the management.

MANAGEMENT DISCUSSION AND ANALYSIS REPORT
("MD&A")

The MD&A Report for FY26, as stipulated under Regulation
34 of the SEBI Listing Regulations, is annexed separately
and forms part of the Annual Report.

EMPLOYEE STOCK OPTION SCHEMES

The Company's employees stock option schemes are
detailed below:

A. TVS SCS Management Incentive Plan I, 2018 (MIP I'),

B. TVS SCS Management Incentive Plan II, 2018 (MIP II'),
and

C. TVS Supply Chain Solutions Employee Stock Option
Plan 2021 (ESOP 21').

In terms of Regulation 14 of SEBI (Share Based Employee
Benefits and Sweat Equity) Regulations, 2021 Regulations,
the disclosures with respect to MIP I, MIP II and ESOP 21
has been provided on the website of the Company at www.
tvsscs.com/investor-relations/.

AUDITORS
Statutory Auditors

The shareholders of the Company at their meeting held
on August 10, 2023, have re-appointed M/s. S.R. Batliboi &
Associates LLP as the statutory auditors of the Company
for a second term of five (5) consecutive years from the
conclusion of 19^th AGM till the conclusion of 24^th AGM,
based on recommendations of the Audit Committee
and Board. Our Company has obtained the necessary
certificate from the statutory auditors confirming their
eligibility to continue as statutory auditors of the Company
for FY26.

The Auditors' Report does not contain any qualification,
disclaimer or adverse remarks.

Secretarial Auditor

The shareholders at their meeting held on August 09, 2025
have appointed Mr. K Venugopalan (Membership No.: FCS
2526 and Certificate of Practice No: 6015),
a Peer reviewed Company Secretary in Practice as the
Secretarial Auditor of the Company for a term of five (5)
consecutive years commenced from the conclusion of 21^st
AGM till the conclusion of 26^th AGM.

The Secretarial Audit Report for the FY26, in Form No.

MR-3 is attached as Annexure B to Directors' Report. The
Secretarial Audit report does not contain any qualification,
reservation or adverse remarks.

TVS SCS Global Freight Solutions Limited, a material
unlisted Indian subsidiary of the Company has obtained
Secretarial Audit Report from Mr. K Venugopalan,
Company Secretary in Practice (Membership No.: FCS 2526
and Certificate of Practice No: 6015) and it does not have
any qualification, reservation or adverse remarks. The
Report is attached as Annexure C.

Internal Auditor

During the year, M/s. Deloitte Touche Tohmatsu India
LLP was appointed as Internal Auditors of the Company
for FY26 to conduct the internal audit of the Company for
FY26.

Cost Records and Cost Audit

Maintenance of Cost Records and requirement of Cost
Audit as prescribed under Section 148(1) of the Act are
not applicable for the business activities carried out by the
Company.

ANNUAL RETURN

Pursuant to Section 92(3) read with Section 134(3) of
the Act and Rule 12 of the Companies (Management
and Administration) Rules, 2014, the Annual Return of
the Company as on March 31,2026 is available on the
Company's website at www.tvsscs.com/investor-relations/
statutory-disclosure/

REMUNERATION POLICY

The Board, based on the recommendation of the
Nomination and Remuneration Committee, has laid down
a policy on appointment and remuneration of Directors,
KMP and Senior Management Personnel.

The Company's policy on appointment of Directors,
remuneration and other matters provided in Section
178(3) of the Act is available at the website at www.tvsscs.
com/investor-relations/wp-content/uploads/2024/10/7.-
Remuneration-and-Diversity-policy.pdf

PARTICULARS OF EMPLOYEES AND RELATED
DISCLOSURES

Disclosure pertaining to the remuneration and other
details as required under Section 197(12) of the Act and
the Rules framed thereunder is enclosed as Annexure D
to the Board's Report. Details of employees receiving
the remuneration in excess of the limits prescribed
under Section 197 of the Act, read with Rule 5(2) of the
Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014 are provided in a separate
annexure forming part of this Report. In terms of first
proviso to Section 136(1) of the Act, the Annual Report,
excluding the aforesaid annexure is being sent to the
shareholders of the Company. The annexure is available
for inspection at the Corporate Office of the Company
during business hours as mentioned in the Notice of AGM
and any shareholder interested in obtaining a copy of the
said annexure may write to the Company Secretary.

EVALUATION OF BOARD / BOARD COMMITTEES

Pursuant to the provisions of the Act and SEBI
Listing Regulations, the Board has carried out annual
performance evaluation of its own performance,
the directors individually as well as evaluation of the
functioning of its committees.

LOANS/ GUARANTEES / INVESTMENTS

The particulars of loans, guarantees and investments
under Section 186 of the Act, read with the Companies
(Meetings of Board and its Powers) Rules, 2014, for FY26
form part of the Notes to the Financial Statements.

RELATED PARTY TRANSACTIONS

Our Company has in place a Policy on Related Party
transactions as approved by the Board and the same is
available on the website of the Company at www.tvsscs.
com/investor-relations/wp-content/uploads/2024/10/4.-
Related-Party-Transactions-Policy.pdf

All contracts, arrangements, transactions entered by the
Company during the financial year with related parties
were in ordinary course of business and on an arm's length
basis and are in compliance to applicable provisions of
the Act/ SEBI Listing Regulations. Hence, the disclosure of
related party transactions in Form AOC-2 is not applicable.

Details of related party transactions entered into by
our Company have been disclosed in Notes to Financial
Statements.

CORPORATE SOCIAL RESPONSIBILITY ("CSR")

Pursuant to Section 135 of the Act, read with the
Companies (Corporate Social Responsibility Policy) Rules,
2014, our Company has adopted a Policy on CSR which is
placed on the website of the Company at
www.tvsscs.com/global-csr-policy/

The Annual Report on CSR activities for the financial year
ended March 31,2026, is attached as Annexure E to
Director's Report.

VIGIL MECHANISM/WHISTLE BLOWER POLICY

Our Company believes in the conduct of affairs of its
constituents in a fair and transparent manner by adopting
highest standards of professionalism, honesty, integrity
and ethical behavior. Pursuant to the provisions of Section
177(9) of the Act, read with Rule 7 of the Companies
(Meetings of Board and its Powers) Rules, 2014 and
Regulation 4 and 22 of the SEBI Listing Regulations, and
in accordance with the requirements of Securities and
Exchange Board of India (Prohibition of Insider Trading)
Regulations 2015, as amended, our Company has
established a Vigil Mechanism and has a Whistle Blower
Policy. The Policy is hosted on the website of the Company
at www.tvsscs.com/investor-relations/wp-content/
uploads/2024/10/WhistleBlower.pdf

ORDERS PASSED BY THE REGULATORS OR COURTS OR
TRIBUNALS

During FY26, there are no orders passed by the Regulators
or Courts or Tribunals which would impact the going
concern status and future operations of the Company.

INSOLVENCY AND BANKRUPTCY CODE, 2016

During FY26, our Company has neither made any
application nor has any proceedings pending under the
Insolvency and Bankruptcy Code, 2016.

OTHER DISCLOSURE

During FY26 there was no instance of one-time settlement
with any Bank or financial institutions.

ADEQUACY OF INTERNAL FINANCIAL CONTROLS

Our Company has well-defined internal control system
commensurate with size, scale and complexity of
operations to support the business operations and to
ensure statutory compliance. The internal audit is carried
out by a professional firm whose function is defined
through internal audit charter, which includes inter alia
transaction audit, systems audit and process audit. The
Company's internal financial controls were also assessed
and examined by the statutory auditors, who have
provided an unmodified opinion regarding their adequacy
and operating effectiveness as of March 31,2026. The
detailed annual audit plan is rolled out and the same was
approved by the Audit Committee. Suitable internal checks
have been built in to cover all monetary transactions with
proper delineation of authority, which provides for checks
and balances at every stage. Our Company has an Audit
Committee of Directors to review financial statements
to shareholders. The role and terms of reference of the
Audit Committee cover the areas mentioned under the
SEBI Listing Regulations and Section 177 of the Act, details
of which are are provided in the section titled Report on
Corporate Governance, which forms part of this Annual
Report.

RISK MANAGEMENT

Risk Management Committee (RMC) monitors risk
management practices of the Company. The Company
has a well-defined risk management policy and framework
which sets out the objectives and elements of risk
management within the Company and helps to promote
risk awareness across the organisation and integrate
risk management within the corporate culture. The Risk
Management Policy inter-alia includes well defined risk
management roles within the Company, risk appetite
and risk tolerance capacity of the Company, identification
and assessment of the likelihood and impact of risk, risk
handling and response strategy and reporting of existing
and new risks associated with the Company's activities in
a structured manner. This facilitates timely and effective
management of risks and opportunities and achievement
of the Company's objectives.

The details of composition of RMC, its terms of reference,
meetings held and attendance thereat during the financial
year under review are provided in the section titled Report
on Corporate Governance, which forms part of this Annual
Report.

RESEARCH AND DEVELOPMENT, CONSERVATION
OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN
EXCHANGE EARNINGS AND OUTGOConservation of Energy:

Our Company is focused on building sustainable supply
chains using green logistics that aid in reducing resource
consumption, environmental degradation and pollution.

Reduction in carbon footprint is achieved through
interventions in the processes around storage,
transportation, and packaging. The initiatives include
usage of re-usable packaging, GPS enabled transport
route optimization, migration to electric powered Material
Handling Equipment, continuous engagement with
partners to reduce carbon emissions and development
of a sustainable network of suppliers. The Company has
also signed up with an independent third party assessor to
measure the impact of such initiatives towards achieving
our sustainability priorities.

Technology Absorption:

Technology is the core of our Company's solutioning.

With the help of technology and software systems, our
Company continues to build tailor-made solutions for
various supply chain activities. Technology enables us
to automate and digitalize supply chains for customers
and are capable of being integrated with customers' IT
-ecosystem. The digital platforms are largely cloud based,
powered by a micro service-based architecture and are
scalable and reliable.

Our Company has made consistent investments in
technology over the years and technology has enabled key
advantages to existing traditional supply chains in terms of
flexibility, intelligence and efficiency.

During the year, the efforts on technology were centered
around key business objectives:

• Deployed a next gen, more digitally savvy and
regionalized website 2.0 which enables us to
showcase our offerings and services and attract
more website interactions with customers, aided by a
conversational BOT Agent TIA (TVS Intelligent Agent)
which aids our customers on navigating our website
effectively.

• Deployed a new vendor portal that allows us to
interact more digitally with our suppliers.

• Enhancement of the GFS eConnect: a digital platform
for freight management. It has several features
including carbon (CO2) emission tracking, providing
our customers with critical and precise details about
their carbon emissions. The eConnect platform is also
available as a mobile app version.

• Continued focus on deployment of our internal
products for warehouse management and
transportation across the globe with AI embedded
solutions built.

• Increased focus on AI/ML initiatives - Created an AI
platform with a Large Language Model (LLM) deployed
on permission controls and being used to support
New Business Bids (NBB) and general support.

AI builder used for automating customer POD
processing and communication.

Customer Experience

• Continuous deployment of our in-house warehouse
management: Visibility, across customer engagements
in multiple industry sectors in India and UK.

• In-house integrated platforms like Warehouse
Management System (WMS) and Transport
Management System (TMS) have been developed.

The TMS operates across Alpha (Full Truck Load),

Beta (Part Truck Load), and Gamma (integration with
courier partners), enabling end-to-end trackability
from origin to destination. The WMS enhances
warehouse operational excellence and efficiency.
These have ability to seamlessly and quickly integrate
with our customer platforms.

• Development of an Enterprise Data Platform and
a Master Data Management serving as a single
source of truth and the ability to generate analytical
dashboards for internal operations and customers
and also MIS.

Systems & Internal Controls

• Continued focus on rationalizing and standardizing
our application and infrastructure components across
the globe

• Global Integration layer (Axle) launched and
onboarded with customer integrations and internal
application integrations.

• Continued focus on development of the S2B (Service 2
Billing) platform to support business processes in the
IFM business and ISCB, eliminating manual billing &
improved on time & billing accuracy.

• Expanded scope and deployment of T-Jarvis:
in-house contract management & document
repository platform. This includes insurance and real
estate management aided by a workflow component.

• Expansion of the Low/No code platform from Contract
management to real estate, insurance & treasury
management for better repository & digitalization,
Platform for Audit App, treasury management, Vibe
Portal, Corporate Finance Statutory Compliance app,
Alpha Award Management Portal.

• Multiple Gen AI engagements to help improve the
productivity of our teams.

• Increased focus continues on having a secure
platform with the latest ISO (27001 ver 22)
certifications obtained across the globe and having
the highest focus on our security measures deploying
global security policies.

• Increased and effective focus in Enterprise Risk
Management to focus on mitigating the high risks.

Foreign exchange earnings and outgo

The details of foreign exchange earnings and expenditure

during the year are given below:

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF
WOMEN AT WORKPLACE (PREVENTION, PROHIBITION
AND REDRESSAL) ACT, 2013 ("POSH Act,")

Our Company has in place a policy for prevention of sexual
harassment in line with the requirements of POSH Act.

The Company has complied with the provisions relating to
the constitution of Internal Complaints Committees (ICC)
under POSH Act. ICC has been set up to redress complaints
received regarding sexual harassment. The details of
complaints are given below:

MATERNITY BENEFIT ACT 1961

Our Company is in compliance with the provisions of the
Maternity Benefit Act, 1961.

DISCLOSURE REGARDING FRAUDS

During the year, there were no frauds reported by the
Auditors to the Audit Committee, the Board or to the
Central Government under Section 143(12) of the Act.

Our Company has complied with the provisions of
applicable Secretarial Standards issued by Institute of
Company Secretaries of India

ACKNOWLEDGMENT

The Board take this opportunity to gratefully acknowledge
the co-operation and support received from the
shareholders, suppliers, vendors, customers, business
partners / associates, channel partners, bankers, financial
institutions, regulatory / government authorities to the
Company. The Board record their appreciation for ts / associates, channel partners, bankers, financial
institutions, regulatory / government authorities to the
Company. The Board record their appreciation for the
contributions made by employees of the Company, its
subsidiaries and joint venture, for their hard work and
commitment towards the success of our Company.

Their dedication and competence have ensured that our
Company continues to be a significant and leading player
in the industry.

For and on behalf of the Board
For TVS Supply Chain Solutions Limited

sd/-
R Dinesh

DIN:00363300

Date: May 25, 2026 Executive Chairman

Registered Office:

10, Jawahar Road, Chokkikulam, Madurai, Tamil Nadu, 625002

CIN:L63011TN2004PLC054655

Website: www.tvsscs.com

E-mail: