Tata Steel Limited has informed the Exchange that Record date for the purpose of Dividend is 06-Jun-2025.
TATASTEEL · price
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Tata Steel's Board, at its May 12, 2025 meeting, approved audited standalone and unaudited consolidated financial results for Q4 FY25 and the full financial year ending March 31, 2025. Standalone revenue from operations stood at ₹1,32,516.66 crore with a standalone net profit of ₹13,969.70 crore (vs ₹15,661.85 crore in FY24 restated). The Board recommended a dividend of ₹3.60 per equity share (360% on face value of ₹1), subject to shareholder approval at the 118th AGM scheduled for July 2, 2025, with June 6, 2025 fixed as the record date. In a significant capital move, the Board approved infusion of up to USD 2.5 billion (~₹21,411 crore) into wholly owned subsidiary T Steel Holdings Pte. Ltd in one or more tranches during FY26. The Board also adopted a change in accounting policy to measure subsidiary investments at fair value through OCI, and appointed M/s. Parikh & Associates as secretarial auditor for five years (FY26–FY30).
Shareholders must hold Tata Steel shares by the June 6, 2025 record date to be eligible for the ₹3.60 dividend, payable within five days of AGM approval (after TDS). The ₹21,411 crore fund infusion into the overseas subsidiary signals major continued capital commitment to international (likely UK) operations. The roughly 11% year-over-year decline in standalone net profit may weigh on sentiment even with the dividend announcement in place.