TVS Motor Company Limited has informed the Exchange that Record date for the purpose of Dividend is 31-Mar-2026.
TVSMOTOR · price
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The Board of Directors of TVS Motor Company has declared an interim dividend of Rs. 12 per share (1200%) on equity shares of Re. 1 face value. The total payout amounts to Rs. 570 crore, covering 47.50 crore equity shares. The record date for eligibility is set as 31st March 2026. Shareholders holding shares in physical or electronic form as of the close of business on that date will be entitled to receive the dividend. The dividend will be paid within 30 days from the date of declaration, as required under the Companies Act, 2013.
This is a positive announcement confirming a concrete interim dividend of Rs. 12 per share for eligible shareholders on record as of 31-Mar-2026. With TVS Motor shares trading at significantly higher levels, the dividend yield is modest, so the stock-price reaction is likely to be limited, but it does signal healthy cash generation and shareholder returns.