TVS Motor declares Rs 12 per share interim dividend for FY26 | Business Upturn

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TVS Motor Company has announced an interim dividend of ₹12 per share for the financial year ending 31st March 2026. The decision was made during the Board of Directors meeting held on 24th March 2026. This dividend, which represents a 1200% payout on the face value of Re.1 per share, will absorb a total sum of ₹570 crore.

The interim dividend will be distributed to shareholders whose names appear in the Register of Members or Depositories as of the record date, which is set for 31st March 2026. Shareholders holding shares in both physical and electronic forms will be eligible for this dividend.

According to the company’s announcement, the payment of the interim dividend will be completed within 30 days from the declaration date, in accordance with the Companies Act, 2013.

The Board meeting, where this decision was made, commenced at 11:00 A.M. and concluded at 3:45 P.M. IST.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

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TOPICS: K S Srinivasan Mumbai TVS Motor Company