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TVS Holdings: Record Date Set for Rs 86 Dividend
25 Mar
Summary
- TVS Holdings declared an interim dividend of Rs 86 per share for FY26.
- The record date to be eligible for the dividend payout is April 2, 2026.
- The company's share price has seen significant growth over the past year.
TVS Holdings has declared its first interim dividend for the fiscal year 2026, setting the payout at Rs 86 per share. This dividend is on equity shares with a face value of Rs 5 each. The total payout amounts to Rs 174 crore, distributed among 2,02,32,104 equity shares.
The record date for determining shareholder eligibility for this interim dividend has been fixed as April 2, 2026. Shareholders whose names appear on the company's records by this date will receive the dividend payout. The dividend will be disbursed in either physical or electronic form within 30 days from its declaration.
Historically, TVS Holdings has announced its interim dividends in March for the preceding two years. In March 2025, an interim dividend of Rs 93 per share was declared, followed by Rs 94 per share in March 2024. The current FY26 interim dividend is a decrease from these recent payouts.
In terms of stock performance, TVS Holdings' share price closed at Rs 14,108, marking a nearly 3% increase from its previous close. Over the last six months, the stock has returned approximately 9%, and impressively, it has surged by 58% in the past year.
