TVS Motor Company Limited Declares Interim Dividend of Rs. 12 per Share
TVS Motor Company Limited announced an interim dividend of Rs. 12 per share, equivalent to a 1200% payout, on 47,50,87,114 equity shares of Re.1 each. The dividend distribution will absorb a sum of Rs. 570 crore for the financial year ending March 31, 2026.The company’s Board of Directors approved the declaration at a meeting held on March 24, 2026, which commenced at 11:00 A.M. (IST) and concluded at 3:45 P.M. (IST).
The Record Date for the interim dividend, as stipulated by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is set for March 31, 2026. Dividend payments will be made to shareholders holding shares in physical or electronic form, whose names are registered as of the close of working hours on the Record Date. The company anticipates disbursing the interim dividend within 30 days of declaration, in accordance with the Companies Act, 2013.
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