Time To Grab Rs 25 Dividend: Record Date Next Week; Hold This Tata Group Stock Before June 19 To Be Eligible?

In more than 190 countries and territories, Tata Communications, a division of the Tata Group, is a global digital ecosystem facilitator that drives the rapidly expanding digital economy. With cloud hosting, security solutions, media services, core and next-generation connectivity, and collaboration and linked solutions, it facilitates the digital transformation for organizations worldwide. It partners with 300 of the Fortune 500 and offers managed solutions to global corporations and service providers. In terms of cellular IoT and worldwide WAN services, Tata Communications is a pioneer.

Tata Communications Dividend

"The Board of Directors of the Company at its meeting held on April 22, 2025, had recommended a dividend of Rs 25 per equity share of face value of Rs 10 each (i.e. 250%) for approval of Members at the 39th AGM. The dividend, if approved, will be paid on or after July 10, 2025, subject to deduction of tax at source as under: a. To all Beneficial Owners in respect of shares held in electronic form as per the data made available by the National Securities Depository Limited and the Central Depository Services (India) Limited as of the close of business hours on Thursday, June 19, 2025; b. To all Members in respect of shares held in physical form after giving effect to valid transmission or transposition requests lodged with the Company or MUFG Intime India Private Limited, Registrar and Transfer Agent of the Company, as of the close of business hours on Thursday, June 19, 2025," said Tata Communications in a stock exchange filing.

Tata Communications News

Subject to shareholder approval, the company's Board of Directors recently approved the appointment of Mr. P. Jagdish Rao as an additional and independent director on the Board of the company on June 13, 2025, for a term of five years, from June 13, 2025 to June 12, 2030. Mr. P. Jagdish Rao, an experienced financial services and technology professional, has worked for Citibank and Citigroup for more than 35 years.

"There are no inter-se relationships between Mr. P. Jagdish Rao and any other Director of the Company. Mr. P. Jagdish Rao is not debarred from holding the office of Director by virtue of any order issued by the Securities and Exchange Board of India or any other authority," Tata Communications said in a regulatory filing.

Tata Communications Share Price Target

"Tata Comm is trading in a mild uptrend, supported by its 20-day and 50-day moving averages. Immediate resistance lies at ₹1,740, and a breakout above this level could push it toward ₹1,800. On the downside, support is seen near ₹1,660. The overall structure remains positive, and traders may look to buy on dips near ₹1,680-₹1,690 with a stop-loss below ₹1,650," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

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