For FY25, TVS Holdings (NSE: TVSHLTD, BSE: 520056) announced a ₹93 interim dividend per share (1860% on ₹5 face value). This decision was made by the Board of Directors through a circular resolution passed earlier today.
The total payout for this interim dividend will absorb approximately ₹188 crore. The record date for determining shareholder eligibility is set as March 28, 2025. Shareholders holding shares in physical or electronic form as of the close of business hours on the record date will be eligible to receive the dividend.
As per the Companies Act, 2013, the dividend will be disbursed within 30 days from its declaration.
TVS Holdings Limited is a registered Core Investment Company (CIC) under RBI regulations and operates as part of the renowned TVS Group.
R Raja Prakash, Company Secretary of TVS Holdings Limited, confirmed this development in a regulatory filing with stock exchanges.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
Also read: BHEL Faces ₹17.22 Crore Demand After Kigali Court Disallows Offshore Expenditure
Published on: March 23, 2025 at 8.15PM GMT.
Karnataka Authorities to Submit Final Report in Ranya Rao Gold Smuggling Case
Karnataka authorities are expected to submit the final report in the Ranya Rao gold smuggling case today. Additional Chief Secretary Gaurav Gupta stated that 10-15 individuals have been questioned during the investigation. The case has garnered significant attention due to its implications on regional smuggling networks.
As stated in Bhagavad Gita :
अद्वेष्टा सर्वभूतानां मैत्रः करुणा एव च।
One who is not envious but is a kind friend to all living entities is certainly eligible for liberation.
