TVS Motor Company has announced an interim dividend of ₹10 per share (1000%) for the financial year ending March 31, 2025. The dividend, declared in a Board meeting on March 20, 2025, applies to 47,50,87,114 equity shares of ₹1 each, amounting to a total payout of ₹475 crore.
The company has set March 26, 2025, as the record date to determine shareholders eligible for the interim dividend. Investors holding TVS Motor shares in physical or electronic form as of this date will receive the payout.
The company shared, “The Board of Directors of the Company at its meeting held today, declared an interim dividend of Rs. 10/- per share (1000%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of Rs. 475 Cr, for the financial year ending 31st March 2025.”
The company has assured that the dividend will be disbursed within 30 days from the declaration date, in line with the Companies Act, 2013.
