TVS Motor board declares interim dividend of Rs3.75

21 Mar 2022 , 09:17 AM

TVS Motor Company Ltd has informed that the board of directors at its meeting held on March 18, 2022, declared an interim dividend of Rs3.75 per share (375%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of Rs178 crore, for the financial year ending March 31, 2022.

As per regulatory filing, the interim dividend declared will be paid on or after April 05, 2022, 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 March 28, 2022, being the Record Date fixed by the Company for this purpose.

Further, the meeting of the board of directors commenced at 2.00 P.M. and concluded at 3.30 P.M.

At around 9:17 AM, TVS Motor Company was trading at Rs612.05 per piece higher by 0.09% on Sensex.