TVS Motor Company Ltd declares interim dividend of Rs. 8

The Board of Directors of the Company at its meeting held today, declared an interim dividend of Rs. 8/- per share (800%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of Rs. 380 Cr, for the financial year ending 31st March 2024.

The interim dividend declared will be paid to those shareholders, who hold shares in physical form and / or in electronic form and whose names appear in the Register of Members and / or Depositories respectively, as at the close of working hours on 19th March 2024, being the Record Date fixed by the Company for this purpose. The dividend payment will made within a period of 30 days from the declaration of interim dividend, as provided in the Companies Act, 2013.

Shares of TVS Motor Company Limited was last trading in BSE at Rs. 2241.65 as compared to the previous close of Rs. 2267.60. The total number of shares traded during the day was 7906 in over 729 trades.

The stock hit an intraday high of Rs. 2276.35 and intraday low of 2234.00. The net turnover during the day was Rs. 17806347.00.

Source : Equity Bulls

Keywords

TVSMotorCompany INE494B01023 InterimDividend