Tata Consultancy Services Limited (TCS) has announced that its Board of Directors will convene on January 9, 2025, to address key financial and corporate matters. The meeting will include the approval and recording of the company’s audited standalone and consolidated financial results for the quarter and nine-month period ending December 31, 2024, in compliance with Indian Accounting Standards (Ind AS).
A highlight of the meeting will be the consideration of a third interim dividend for equity shareholders. If declared, the dividend will be distributed to shareholders whose names appear in the company’s records or as beneficial owners in the depositories as of the Record Date, January 17, 2025.
The Board of Tata Consultancy Services will decide on the third interim dividend in its meeting on January 9, 2025. The dividend amount is yet to be confirmed and will be announced after the meeting. Shareholders eligible for the payout will be identified based on the Record Date of January 17, 2025.
The Board of Directors has declared a second interim dividend of ₹10 per equity share with a face value of ₹1 each. The dividend was paid on Tuesday, November 5, 2024, to eligible shareholders listed on the Register of Members or as beneficial owners in the Depositories’ records as of the Record Date, Friday, October 18, 2024.
On January 1, 2025, TCS share price opened at ₹4,094.40, touching the day’s high at ₹4,120.00, as of 9:49 AM on the NSE.
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Published on: Jan 1, 2025, 9:52 AM IST
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