The Board of Directors of TVS Motor Company announced the declaration of an interim dividend of ₹12 per share (1200%) on its equity share capital for the financial year ending March 31, 2026. The total payout amounts to ₹570 Crore. The company has fixed the Record Date for determining eligibility for this dividend payment as March 31, 2026, aligning with regulatory requirements.
Interim Dividend Declaration for FY2026
TVS Motor Company Limited has officially declared an interim dividend following its Board meeting held today, 24th March 2026. The Board approved a dividend of Rs. 12/- per share, which translates to 1200% on the equity shares of Re.1/- each, fully paid up.
Financial Impact and Share Details
This dividend is being paid out on the company’s 47,50,87,114 equity shares. The total financial outlay absorbed by this declaration amounts to Rs. 570 Crore for the financial year ending 31st March 2026. The Board meeting commenced at 11.00 A.M. (IST) and concluded at 3.45 P.M.(IST).
Record Date and Payment Timeline
In compliance with applicable regulations, the Record Date established for the purpose of this interim dividend is set for 31st March 2026. Shareholders eligible to receive the payment are those recorded in the Register of Members or Depositories as of the close of working hours on this date.
Furthermore, the company confirmed that the dividend payment will be processed and made within a period of 30 days from the date of declaration, as stipulated under the Companies Act, 2013.
Source: BSE
