The Board of Directors of TVS Motor Company, following its meeting on March 24, 2026, has declared an interim dividend for the financial year ending March 31, 2026. Shareholders will receive Rs. 12/- per share (1200%). The total payout amounts to Rs. 570 Crore on the 47,50,87,114 equity shares. The specified Record Date for determining eligibility is set for March 31, 2026.
Interim Dividend Announcement
TVS Motor Company Limited has officially announced the declaration of an interim dividend following the conclusion of its Board of Directors meeting held on March 24, 2026. This dividend pertains to the financial year ending 31st March 2026.
Dividend Details and Payout
The Board approved the payment of an interim dividend of Rs. 12/- per share, which translates to 1200% of the face value of Re.1/- per share. This distribution is applicable to the total of 47,50,87,114 fully paid-up equity shares, absorbing a total sum of Rs. 570 Crore.
Record Date and Payment Timeline
In compliance with applicable regulations, the company has fixed the Record Date for the purpose of this interim dividend at 31st March 2026. Shareholders whose names appear on the Register of Members or Depositories as of the close of business hours on this date will be eligible.
The dividend payment is mandated to be completed within a period of 30 days from the date of declaration, as stipulated under the relevant corporate laws.
Meeting Summary
The Board meeting commenced at 11.00 A.M. (IST) and concluded its proceedings at 3.45 P.M. (IST) on the day of the announcement.
Source: BSE
