Tata Motors Restricted (TML) has declared the ultimate dividend of ₹ 6 per fairness share (₹ 2 inscribed) for FY 2024-25. This dividend has been proposed on the charge of whole 300% and shall be launched for approval within the firm’s eightieth annual common assembly (AGM). The eightieth annual common assembly of the corporate (AGM) shall be held on 20 June 2025. On the approval of AGM, dividend shall be given to eligible shareholders by 24 June 2025. How Dividend provides Tata Motors? Associated information Tata Motors has strengthened the method of giving dividend lately. In FY24, the corporate declared a remaining dividend of ₹ 3 and a particular dividend of ₹ 3. Earlier a dividend of ₹ 2 was additionally distributed. What’s the opinion of brokerage on Tata Motors? Brokerage ranking goal value CLSA Outperform ₹ 805 Jefferies Underpaerform ₹ 630 Kotak Promote ₹ 600 Demakers Approval of shareholders permitted shareholders Tata Motors’s dimensional proposal has permitted the corporate’s sub -major proposal. Beneath this, the corporate shall be divided into two unbiased listed institutions- one business autos (cv) and the opposite passenger autos (PV). Beneath the Composite Scheme of Association, shareholders will get 1 TMLCV (₹ 2 face worth) share as an alternative of each 1 tata motors shares. A complete of two.73 billion votes had been solid in voting, out of which 99.9995% had been in favor of the proposal. How the fourteen quarter outcomes? The corporate had a consolidated web revenue ₹ 8,556 crore within the March quarter (This autumn FY25), which was recorded at ₹ 17,528 crore in the identical quarter of the earlier yr. It was ₹ 119,502 crore, which was ₹ 119,033 crore in This autumn final yr. It’s needed to say right here that the funding market out there is topic to dangers. All the time seek the advice of consultants earlier than investing cash as an investor. There’s by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
