TVS Motor Company’s shares jumped 2.6% on Thursday after the company announced an interim dividend of ₹10 per share (1000%). The total payout for the financial year ending March 31, 2025, amounts to ₹475 crore.
The company’s board of directors approved the dividend at a meeting held on March 21, 2025. The record date for determining eligible shareholders has been set as March 26, 2025, as per SEBI regulations. Shareholders holding TVS Motor shares in both physical and electronic forms as of this date will receive the dividend within 30 days.
The company stated, “The Board of Directors of the Company at its meeting held today declared an interim dividend of ₹10 per share (1000%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of ₹475 crore, for the financial year ending March 31, 2025.”
TVS Motor shares opened at ₹2,355.85 on Friday, reaching a high of ₹2,408.35 and a low of ₹2,350.05 during the session. The stock remains significantly below its 52-week high of ₹2,958 but above its 52-week low of ₹1,873.
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