Shares of TVS Motor Company Ltd might remain in focus in the upcoming days as the two-wheeler manufacturer today, March 24, announced a 1200 per cent interim dividend for its shareholders for the financial year ending March 31, 2026.
“The Board of Directors of the Company at its meeting held today, declared an interim dividend of Rs. 12/- per share (1200%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of Rs. 570 Cr, for the financial year ending 31st March 2026,” TVS Motor Company said in an exchange filing.
The Record Date for the purpose of the interim dividend will be March 31, 2026. “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 31st March 2026, being the Record Date fixed by the Company for this purpose,” the company said in the exchange filing.
The dividend payment will be made within a period of 30 days from the declaration of the interim dividend, as provided in the Companies Act, 2013.
TVS Motor Dividend History
TVS Motor Company has been paying rewards to its shareholders consistently. In 2025, the company paid an interim dividend of Rs 10 in March and in 2024, it gave a dividend of Rs 8 in March. In February 2023, it gave Rs 5, and in March 2022, it gave a 3.75 per share dividend.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
