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Board of TVS Motor Company declared 2nd interim dividend

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Capital Market

Of Re 0.75 per share

TVS Motor Company announced that the Board of Directors of the Company at its meeting held on 29 April 2014, inter alia, has declared a second interim dividend of Re 0.75 per share (75%) for the year ended 31 March 2014. The dividend will be paid to the shareholders on or after 09 May 2014.

The board earlier declared the first interim dividend of Re 0.65 per share (65%) for the year 2013-14 and the same was paid on 05 November 2013.

The total dividend, including the second interim dividend for the year ended 31 March 2014, will aggregate to Rs 1.40 per share (140%) on 47,50,87,114 equity shares of Re 1 each. The directors do not recommend any further dividend for the year 2013-14.

 

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First Published: Apr 29 2014 | 4:50 PM IST

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