Tata Consultancy Services Board of Directors has officially recommended a final dividend of ₹31 per equity share of ₹1 each, subject to shareholder approval at the Annual General Meeting. This dividend recommendation follows the company's audited FY26 financial results, which showcased steady growth across key performance indicators and maintained robust profitability despite facing certain exceptional charges during the year.

Final Dividend Recommendation

The Board's recommendation of ₹31 per share as final dividend, combined with the interim dividend of ₹79 per share paid during the year, brings the total dividend for FY26 to ₹110 per share. This represents the company's commitment to rewarding shareholders while maintaining financial prudence.

Strong Financial Performance Foundation

The dividend recommendation is backed by solid financial results for FY26, with consolidated revenue from operations reaching ₹267,021 crore compared to ₹255,324 crore in FY25, marking a growth of 4.59%. Net profit attributable to shareholders stood at ₹49,210 crore versus ₹48,553 crore in the previous year, demonstrating the company's consistent profitability.

Quarterly Momentum

The fourth quarter of FY26 showed strong momentum with consolidated revenue from operations of ₹70,698 crore, up from ₹64,479 crore in Q4 FY25. Net profit for Q4 FY26 reached ₹13,718 crore compared to ₹12,224 crore in the corresponding quarter of the previous year, providing a solid foundation for the dividend recommendation.

Segment Performance Supporting Dividend Decision

The Banking, Financial Services and Insurance (BFSI) segment remained the largest revenue contributor with ₹103,363 crore in FY26 compared to ₹94,597 crore in FY25. Consumer Business generated ₹42,432 crore versus ₹40,197 crore in the previous year, while other segments also showed steady performance, supporting the company's ability to maintain dividend payments.

Strategic Acquisitions and Exceptional Items

During FY26, the company made strategic acquisitions including ListEngage and Coastal Cloud, strengthening its Salesforce capabilities. However, the year also included exceptional items totaling ₹4,526 crore, comprising restructuring expenses of ₹1,388 crore, statutory impact of new Labour Codes of ₹2,128 crore, and provision towards legal claim of ₹1,010 crore.

The final dividend recommendation of ₹31 per share reflects the Board's confidence in the company's financial stability and future prospects, while ensuring optimal capital allocation for shareholders and business growth initiatives.

Tata Consultancy Services has issued a comprehensive reminder notice to shareholders regarding the impending transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF). The notice, dated April 7, 2026, serves as a final warning for shareholders to claim their outstanding Final Dividend 2018-19 before the July 13, 2026 deadline.

Regulatory Compliance and Legal Framework

The transfer is mandated under Section 124(6) of the Companies Act, 2013, read with the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. According to these provisions, shares in respect of which dividend has remained unclaimed for seven consecutive years or more are required to be transferred to the IEPF Authority.

Communication and Notification Process

Tata Consultancy Services has fulfilled its regulatory obligations by sending individual communications to the registered addresses of affected shareholders three months prior to the due date of transfer. The company has simultaneously published notices in multiple newspapers, including Business Standard (English), Free Press Journal (English), and Navshakti (Marathi), as required under the Act and Rules.

Complete details of shareholders with unclaimed dividends have been uploaded on the company's website at www.tcs.com . The company emphasizes that these uploaded details shall be treated as adequate notice for the issuance of new share certificates for transfer purposes.

Transfer Process for Different Holding Types

The transfer mechanism varies depending on how shareholders hold their equity shares:

Shareholder Action Requirements

For shareholders wishing to avoid the transfer, specific actions must be completed before July 13, 2026. Demat shareholders need to update their bank details with their Depository Participant and send required documentation to MUFG Intime India Private Limited. Physical shareholders must provide additional documentation including Investor Service Request Forms (ISR-1, ISR-2, ISR-3) and nomination forms.

The company has provided a comprehensive annexure listing dividend payment dates spanning from June 17, 2019, to November 4, 2025, all with the uniform claim deadline of July 13, 2026.

Contact Information and Support

Shareholders requiring assistance can contact MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's registrar and transfer agent. The RTA is located at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083, with telephone support at +91 810 811 8484.

Important Disclaimers

The company has clearly stated that no claim shall lie against Tata Consultancy Services in respect of unclaimed dividend and equity shares transferred to IEPF. However, procedures for claiming transferred shares and dividends from IEPF are available on the company's investor relations website. The notice was signed by Yashaswin Sheth, Company Secretary (ACS 15388), emphasizing the official nature of this communication.