Dividend15 Oct 2026, 05:11 pm
Tech Mahindra Declares Interim Dividend of ₹15/Share
AI Summary
Tech Mahindra Limited's Board of Directors has approved an interim dividend of ₹15 per equity share (300%) for FY 2026-27. The record date for this dividend is Friday, October 23, 2026, with payment expected by November 13, 2026. The board also approved audited consolidated and standalone financial results for the second quarter and half-year ended September 30, 2026. Additionally, the Board recommended a bonus issue of equity shares in a 1:1 ratio and an increase in authorized share capital, subject to shareholder approval via postal ballot.
Key Highlights
- Interim dividend of ₹15 per share declared for FY 2026-27.
- Record date for dividend entitlement set for October 23, 2026.
- Audited financial results for Q2 and H1 FY27 approved.
- Bonus issue of 1:1 recommended for shareholder approval.
- Authorized share capital to be increased from ₹924.3 crore to ₹1,000 crore.
Price Impact
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