According to the exchange filing on August 25, 2025, the board of TVS Srichakra Limited has declared a dividend of ₹ 16.89 per equity share for the financial year 2024-25. Dividend equal to 168.90 percent on each stock with a face value of ₹ 10 will be distributed to the shareholders whose names appear in the members’ register by September 5, 2025.
| Details | Acquaintance |
|---|---|
| Dividend per share | ₹16.89 |
| Face value | ₹10 |
| Record date | September 5, 2025 |
Dividend, if approved in the annual general meeting (AGM) to be held on 17 September, 2025, will be paid to the members.
In addition to the declaration of dividend, the company is set to hold its 42nd annual general meeting (AGM) on September 17, 2025 through video conferencing. The meeting will consider adopting the financial results audited for the year ended March 31, 2025 and re -appointing Shri P Srinivasavardhan as Director.
The board has also approved the remuneration payable to Dr. I Ashok for the financial year 2025-26, which is ₹ 1,37,500 in addition to implementation and reimbursement. Additionally, M/s. SPNP & Associates has been appointed as the company’s secretary auditor for a five -long financial years, starting from April 1, 2025.
Due to the instructions issued by the Ministry of Corporate Affairs (MCA) and SEBI, the meeting will be held through video conferencing (VC) or other audio-visual means (OAVM), which allow companies to organize AGM without the physical presence of members.
The notice of AGM for the financial year 2024-25 and the annual report is available on the company’s website and the National Stock Exchange of India Limited (NSE), BSE Limited and NSDL websites.
Members participating in the AGM through VC/OAVM will be counted for the purpose of calculating quorum under Section 103 of the Act.
Members may join the AGM via VC / OAVM mode at least 30 minutes before the meeting starts by following the procedure mentioned in the notice.
Dividend income is taxable in the hands of members from April 1, 2020, and the company needs to deduct tax (TDS) from the dividend paid to the members at the rates prescribed in the Income Tax Act, 1961.
The company has decided on Friday, 5 September 2025 as a ‘record date’ to determine the eligibility of members for dividends for the financial year ended on 31 March 2025.
The notice of AGM for the financial year 2024-25 and the annual report is available on the company’s website and the National Stock Exchange of India Limited (NSE), BSE Limited and NSDL websites.