New Delhi, March 24 -- Shares of TVS Holdings climbed 3.5 percent in intra-day trade on Monday, March 24, after the company announced an interim dividend of Rs.93 per share for the financial year FY25.

"We wish to inform that the Board of Directors of the Company through circular resolution today, declared an interim dividend of Rs. 93/- per share (1,860%) on 2,02,32,104 equity shares of Rs.5/- each fully paid up, absorbing a sum of Rs.188 Cr, for the financial year ending 31st March 2025," it said in an exchange filing.

TVS Holdings revealed in an exchange filing that its board of directors, through a circular resolution, declared an interim dividend of Rs.93 per share, amounting to a 1,860 percent payout on its 2.02 crore equity share...