TVS Motor Company Limited has informed the Exchange that Board of Directors at its meeting held on March 24, 2026, declared Interim Dividend of Rs. 12 per equity share.
TVSMOTOR · price
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TVS Motor Company's Board of Directors, at its meeting on 24th March 2026, declared an interim dividend of Rs. 12 per equity share (1200%) on its 47.5 crore equity shares of Re. 1 face value. The total dividend outflow is approximately Rs. 570 crore. The record date for eligibility has been fixed as 31st March 2026, and the dividend will be paid to shareholders within 30 days from the date of declaration, in line with the Companies Act, 2013. The board meeting commenced at 11:00 AM and concluded at 3:45 PM.
Shareholders holding TVS Motor shares as of 31st March 2026 will receive Rs. 12 per share as interim dividend, providing near-term cash return. The Rs. 570 crore payout signals healthy cash generation, but the actual yield on market price will be modest given the stock's valuation.