TVS Motor declares 60% interim

The board of directors of TVS Motor Company has, at its meeting held on Wednesday, declared an interim dividend for the financial year ending March 31, 2012, at Re 0.60 per share on 47,50,87,114 equity shares of Re 1 each fully paid-up, absorbing a sum of Rs 33.13 crore, including dividend distribution tax.

The interim dividend declared will be paid on March 26, 2012.