Tata Communications Limited has informed the Exchange that Board of Directors at its meeting held on April 22, 2025, recommended Final Dividend of Rs. 25.00 per equity share.
TATACOMM · price
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On the reaction day the stock moved 1.7 pts less than Nifty Midcap 150 and 0.8 pts less than its Telecom - Cellular & Fixed line services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Tata Communications Limited, at its meeting held on April 22, 2025, has recommended a final dividend of Rs. 25.00 per equity share for its shareholders. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The final dividend is typically paid after the AGM, and the record date and payment date will be announced separately. The announcement signals a continuation of the company's practice of returning value to shareholders.
Positive for shareholders as it confirms income from the stock, but the final dividend is not yet confirmed until shareholders approve it at the AGM. Investors should watch for the record date announcement to be eligible for the dividend payout.