New Delhi: Tata Motors 100% Dividend: Domestic auto major Tata Motors has informed the stock market about the date for determining the eligibility of members to receive the final dividend for the financial year ending March 31, 2023.
Tata Motors Final Dividend 2023
The Board of Directors in its meeting held on May 12, 2023 had recommended the declaration of a Final Dividend of Rs.2.10 per ‘A’ Equity Shares of face value of Rs.2/- each (100%) and Rs. 2/- each (@105%) of face value for the financial year ending March 31, 2023.
Tata Motors Final Dividend 2023 Record Date
In a BSE filing, Tata Motors has said that the company has fixed Saturday, July 29, 2023, as the record date for the purpose of determining the eligibility of members to receive final dividend for the financial year ending March 31, 2023. Is.
“Pursuant to Regulation 42 of the Listing Regulations, the Register of Members and Share Transfer Books of the Company shall remain closed from Saturday, July 29, 2023 to Tuesday, August 8, 2023 (both days inclusive) and the Company has scheduled the Saturday July 29, 2023, as the record date for the purpose of determining the eligibility of the members to receive the final dividend for the financial year ending March 31, 2023, the filing said.
Tata Motors Final Dividend 2023 TDS
The auto major said the payment of such dividend, subject to board approval, would be distributed among shareholders on or after August 14, 2023.
“The payment of such dividend, if approved by the members at the AGM, shall be distributed among the shareholders on or after August 14, 2023 and shall be subject to tax deduction at source,” Tata Motors said in the regulatory filing. filing.
Tata Motors Q4
Tata Motors announced its Q4 results on May 12, where the company reported a consolidated net profit of Rs 5,408 crore for the fourth quarter ended March 31, 2023. It had posted a consolidated net loss of Rs 1,033 crore in the January-March quarter. 2021-22 financial year, Tata Motors said in a regulatory filing. Total revenue from operations in the fourth quarter stood at Rs 1,05,932 crore, as against Rs 78,439 crore in the year-ago period.