New Delhi, March 20 -- TVS Motor Company, one of the country's leading two-wheeler manufacturers, announced an interim dividend of Rs.10 per share for the financial year 2024-25 on Thursday. This marks the company's first interim dividend for the ongoing financial year.

"The Board of Directors of the company, at its meeting held today, declared an interim dividend of Rs.10 per share (1,000%) on 47,508,7114 equity shares of Rs.1 each, fully paid up, absorbing a sum of Rs.475 crore for the financial year ending March 31, 2025," the company stated in its exchange filing.

The two-wheeler manufacturer has fixed Friday, March 26, as the record date to determine shareholders eligible to receive the interim dividend.

"The interim dividend decl...