TVS Motor Company Ltd board declares interim dividend of Rs. 2.10 for FY21

At the meeting of the board of directors of TVS Motor Company Ltd held today, the board declared an interim dividend, for the financial year ending 31st March 2021, at the rate of Rs. 2.10 per share (210%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of Rs. 99.77 Cr.

The interim dividend declared will be paid on or after 8th February 2021, 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 5th February 2021, being the Record Date fixed by the Company for this purpose.

Shares of TVS MOTOR COMPANY LTD. was last trading in BSE at Rs.528.65 as compared to the previous close of Rs. 531.55. The total number of shares traded during the day was 111318 in over 2921 trades.

The stock hit an intraday high of Rs. 534.5 and intraday low of 520. The net turnover during the day was Rs. 58862006.

Source : Equity Bulls

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