Friday, January 21, 2011

TVS Motor Board Declares Interim Dividend

TVS Motor Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 20, 2011, inter alia, have declared an interim dividend for the financial year ending March 31, 2011 at Re. 0.50 per share on 47,50,87,114 equity shares of Re. 1/- each fully paid up, absorbing a sum of Rs. 27.70 crores, including dividend distribution tax.

The interim dividend declared will be paid on February 01, 2011, to those members holding shares in physical form, whose names appear in the Register of Members of the Company and in case of members holding shares in electronic form, whose names appear on the records of the Depositories as at the close of working hours of January 27, 2011, the Record Date fixed by the Company for this purpose.

Source: BSE Corporate Announcements