TVS Holdings (formerly known as Sundaram-Clayton Limited) has made a significant announcement that's set to reward its shareholders handsomely. The company has declared an interim dividend of ₹93 per share for the financial year ending March 31, 2025, marking a substantial return of value to its investors.

Dividend Details

The Board of Directors of TVS Holdings, through a circular resolution on March 24, 2025, approved this interim dividend, which represents an impressive 1,860% of the face value of its equity shares. Here are the key details of the dividend announcement:

• Dividend Amount: ₹93.00 per share
• Dividend Percentage: 1,860% on the face value of ₹5.00 per share
• Total Shares: 2,02,32,104 equity shares
• Total Dividend Payout: ₹188.16 crore

Important Dates and Payment Information

Shareholders should take note of the following crucial information:

• Record Date: March 28, 2025
• Eligibility: Shareholders holding shares in physical or electronic form as of the close of business on the record date
• Payment Timeline: Within 30 days from the declaration date, as per the Companies Act, 2013

Impact and Significance

This substantial interim dividend underscores TVS Holdings' strong financial position and its commitment to delivering value to its shareholders. The dividend yield, based on this payout, is likely to be significant, although it would depend on the prevailing market price of the stock.

Regulatory Compliance

The company has adhered to regulatory requirements by informing the stock exchanges about this corporate action. This announcement is in line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conclusion

TVS Holdings' generous interim dividend comes as welcome news for its shareholders, reflecting the company's robust financial health and shareholder-friendly policies. Investors holding TVS Holdings shares on the record date stand to benefit from this substantial payout, which represents a significant return on their investment.

Shareholders and potential investors are advised to consider this information as part of their overall investment strategy and to keep an eye on any further announcements from the company.

TVS Holdings Ltd (formerly known as Sundaram-Clayton Ltd) has made a significant announcement for its shareholders. The company has declared an interim dividend of ₹4.75 per share for the fiscal year 2025, demonstrating its commitment to returning value to its investors.

Dividend Details

Implications for Shareholders

This interim dividend declaration is a positive development for TVS Holdings' shareholders. Investors who hold shares of the company as of the record date (March 27, 2025) will be eligible to receive this dividend. The total payout of ₹10.42 crore represents a substantial return to the company's investor base.

Company Background

TVS Holdings Ltd, previously known as Sundaram-Clayton Ltd, is a part of the renowned TVS Group. The company's decision to offer an interim dividend reflects its current financial position and may indicate management's confidence in the company's near-term outlook.

Conclusion

The announcement of this interim dividend comes as welcome news for TVS Holdings' shareholders. As the company prepares to disburse the dividend within 30 days of the record date, investors will be closely monitoring the stock's performance leading up to March 27, 2025.