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TCS to Announce 3rd Interim Dividend On January 9, 2025 Meeting

Updated on: Jan 17, 2025, 1:20 PM IST
TCS's Board will decide on the third interim dividend on January 9, 2025. The amount will be announced post-meeting, with January 17 as the Record Date.
TCS to Announce 3rd Interim Dividend On January 9, 2025 Meeting
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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).

To Consider Dividend

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.

2nd Interim Dividend

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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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 1, 2025, 9:52 AM IST

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