TVS Holdings Declares 1860% Interim Dividend For FY25, Fixes Record Date – News18
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TVS Holdings announced an interim dividend of Rs 93 per share for FY25, totaling Rs 188 crore. Check record and payment dates.
TVS Holdings announces Rs 93 interim dividend for FY25.
TVS Holdings Dividend 2025: TVS Holdings on Monday announced an interim dividend of Rs 93 per share (1860%) for the financial year ending March 31, 2025. In the board meeting held today, March 24, the company said it will pay an interim dividend on 2,02,32,104 equity shares amounting a sum of Rs 188 crore.
The company has also fixed the record date for the said dividend.
Shares of TVS Holdings up 2 per cent during the intraday on Monday. Around 12:13 PM, the scrip was trading at Rs 8946.10 per share. The company has a market cap of Rs 18,099 crore, and is part of BSE 500.
TVS Holdings Interim Dividend 2025 Record Date
In the board meeting, the company has fixed March 28, 2025 as the Record Date for determining the eligibility of the shareholders for the interim dividend of FY25.
“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 28th March 2025, being the Record Date fixed by the Company for this purpose,” TVS Holdings said in the filing.
TVS Holdings Interim Dividend 2025 Payment Date
TVS Holdings said that the dividend payment will be made within a period of 30 days from the declaration of interim dividend. It means the dividend amount will be credited on or before April 24 given March 24 is the declaration date.
About TVS Holdings
TVS Holdings Ltd, formerly known as Sundaram-Clayton Ltd, is an Indian automotive components company, based in Chennai. Part of the TVS Group it makes aluminium and magnesium castings for the automotive industry.
