Tata Elxsi to Hold 37th Annual General Meeting; Dividend Details Announced
Tata Elxsi Limited has announced the details for its Thirty-Seventh (37th) Annual General Meeting (AGM) and the record date for determining dividend entitlement for the financial year ended March 31, 2026.The company's 37th AGM is scheduled to take place on Wednesday, June 24, 2026. Members will be able to attend the meeting via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
The Board of Directors, at a meeting held on April 21, 2026, recommended a dividend of Rs. 75/- per equity share. This dividend proposal, subject to approval by the members at the AGM, carries a significant yield of 750% against the share's face value of Rs. 10 each.
Key Dates and Dividend Timeline
The company has fixed Wednesday, June 10, 2026, as the Record Date for determining the entitlement of members to the dividend. Consequently, the Register of Members of the company will be closed from Thursday, June 11, 2026, through Wednesday, June 24, 2026.The recommended dividend, if approved by the members, is anticipated to be paid on or after June 30, 2026.
| Detail | Date/Value | Notes |
|---|---|---|
| AGM Date | June 24, 2026 | 10:30 a.m. (IST) via VC/OAVM |
| Record Date | June 10, 2026 | Date for dividend entitlement |
| Register Closure | June 11, 2026 to June 24, 2026 | Dates the register remains closed |
| Dividend Recommended | Rs. 75/- per share | Face Value: Rs. 10; Yield: 750% |
| Expected Payment Date | On or after June 30, 2026 | Subject to TDS deduction |
For physical shares, dividends will be payable to members whose names appear in the Register of Members as at the close of business hours on June 10, 2026. For shares held in demat mode, dividends will be payable to beneficial owners listed by the Depositories as at the close of business hours on the same date.
TATAELXSI Stock Price Movement
Today, Tata Elxsi Limited shares edged higher, gaining 0.31% to close at ₹4302.9. The stock saw total trading volume at 204,874 shares, closing near the top end of its intraday range between ₹4290.6 and ₹4380.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.