TVSSRICHAKNSETVS Srichakra Limited· TyresHighPositive
Announced Tue, 27 May · 13:44 IST

TVS Srichakra Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2025, recommended Final Dividend of Rs. 16.89 per equity share.

Corporate Actions View source PDF

TVSSRICHAK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of TVS Srichakra Limited, at a meeting held on May 27, 2025, recommended a Final Dividend of Rs. 16.89 per equity share for the financial year. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and payment timeline will be communicated separately by the company. This is a routine capital return announcement typically made after the company's annual results.

Likely market impact

Shareholders holding shares on the record date will be eligible to receive the Rs. 16.89 per share payout, providing a modest income return. The announcement reflects the company's profitability and cash flow position, and may offer mild positive sentiment for income-focused investors.