Tech Mahindra Ltd. has introduced a last dividend of Rs 28 per fairness share for the monetary 12 months 2024, pending approval from shareholders on the ensuing annual basic assembly. The ultimate dividend will probably be paid on or earlier than Aug. 9.
The register of members and share switch books will stay closed from July 20 to July 26 for the aim of the AGM and reckoning entitlement to the ultimate dividend really useful, the corporate introduced by means of an change submitting on Thursday.
The corporate paid Rs 12 as an interim dividend in November final 12 months. The overall dividend for the monetary 12 months will probably be Rs 40 per share.
Web revenue of the IT main elevated 27%, however missed analysts’ estimates within the fourth quarter.