Attention Investors! TVS Motor Announces Interim Dividend Update, Know Record Date, Eligibility, Other Info

TVS Motor Interim Dividend Update: Two and three-wheeler manufacturer TVS Motor will update about the interim dividend payment for the financial year 2024-25 on Thursday, March 20.
TVS Motor will also announce other details related to the interim dividend payment, including rate, quantum, record date, date of payment, etc, on March 20.
"A meeting of the board of directors of the Company is being convened on Thursday, the 20th March 2025 inter-alia to consider and declare interim dividend, if any, to the shareholders of the Company for the year ending 31st March 2025," read the motorcycle manufacturer's BSE filing released on Thursday.

TVS Motor shares closed nominally lower at Rs 2246.8 per share on BSE on Thursday. The company stock value has declined over 6.12% in last one month.

TVS Motor interim dividend record date

The auto company will provide information about the interim dividend record date after its board of directors meeting, scheduled to take place next week.
"The rate, quantum, record date and date of payment of interim dividend, if declared, will be advised to you immediately after the board meeting," stated the company in its filing.
The TVS Motor stock trading window will remain closed from 14 March till 48 hours from the end of the board of directors' meeting on March 20. The announcement was made in terms of the company's code of conduct to prevent insider trading.

TVS Motor dividend history

TVS Motor announced a dividend of Rs 8 per share for its eligible stock owners on 27th February 2024. The dividend was paid nearly a month later on 19 March, 2024. In 2023, the company had announced dividend of Rs 5 per share on 19 January, and the payment date was fixed as 2 February.

TVS Motor reduces stake in IFQM

TVS Motor cut its stake in the Indian Foundation for Quality Management (IFQM) to 18.18% after fresh allotment of shares to new investors, the Chennai-based automaker announced on Tuesday. With reduction of stake below 20%, IFQM is no longer an associate of automaker TVS Motor under the Companies Act, 2013.

TVS Motor auto sales zoom 10% in February

TVS Motor's monthly auto sales grew by 10% in February to 403,976 units against 368,424 units in February 2024.The company witnessed a similar 10% growth in its two wheeler auto segment from 357,810 units sold in February 2024 to 391,889 units sold in February 2025.
Whereas, domestic two-wheelers grew by 3% with sales increasing from 267,502 units in February 2024 to 276,072 units in February 2025. EV company witnessed a strong 34% growth with sales increasing from 17,959 units in February 2024 to 24,017 units in February 2025.
Domestic two-wheeler export in February increased by 13% to 390,489 units from 344,957 units, while two-wheeler exports registered a growth of 16% to 87,670 units from 75,653 units, YoY.
The Chennai-based manufacturer supplies its leading two-wheeler and three-wheelers auto products not only in India but across the world. The company exports automobiles to several countries in Middle East, Africa, South East Asia, Latin and Central America.