IT IS EDUCATIONAL PURPOSE ONLY. BEFORE INVESTING IN THIS STOCK YOU WILL CONSULT WITH YOUR FINANCIAL ADVISOR.
TATA CONSULTANCY SERVICES (TCS) IS ONE OF THE WORLD’S LEADING INFORMATION TECHNOLOGY (IT) SERVICES AND CONSULTING COMPANIES. HERE’S A DETAILED HISTORY OF THE COMPANY:
FOUNDATION AND EARLY YEARS (1968–1980S):-
ESTABLISHMENT:-
TCS WAS FOUNDED IN 1968 AS A DIVISION OF TATA SONS LIMITED. THE HOLDING COMPANY OF THE TATA GROUP, BY J.R.D. TATA AND F.C. KOHLI. KOHLI, OFTEN REFERRED TO AS THE FATHER OF THE INDIAN IT INDUSTRY, PLAYED A PIVOTAL ROLE IN SHAPING TCS AND THE IT LANDSCAPE IN INDIA.
EARLY WORK:–
INITIALLY, TCS FOCUSED ON PROVIDING IT SERVICES TO TATA GROUP COMPANIES AND OTHER INDIAN BUSINESSES. THEY DEVELOPED PUNCH CARD AND MAINFRAME TECHNOLOGIES DURING THIS TIME.
INNOVATION:–
IN THE EARLY YEARS, TCS DEVELOPED SOFTWARE SOLUTIONS FOR PUBLIC AND PRIVATE SECTOR ORGANIZATIONS, INCLUDING INDIA’S FIRST INDIGENOUS SOFTWARE FOR THE INTER-BRANCH RECONCILIATION SYSTEM FOR THE CENTRAL BANK OF INDIA.
EXPANSION AND GLOBALIZATION (1980S–1990S):-
ENTRY INTO GLOBAL MARKETS:-
DURING THE 1980S, TCS STARTED TO EXPLORE INTERNATIONAL MARKETS, PARTICULARLY IN NORTH AMERICA AND EUROPE.
OFFSHORE DEVELOPMENT MODEL:-
TCS PIONEERED THE OFFSHORE DEVELOPMENT CENTER CONCEPT, ENABLING INDIAN ENGINEERS TO PROVIDE SOFTWARE SERVICES TO GLOBAL CLIENTS REMOTELY.
MILESTONE PROJECTS:-
BY THE 1990S, TCS HAD SUCCESSFULLY IMPLEMENTED CRITICAL PROJECTS FOR COMPANIES LIKE GENERAL ELECTRIC, HELPING ESTABLISH ITS REPUTATION AS A RELIABLE GLOBAL IT SERVICE PROVIDER.
IPO AND MODERN ERA (2000S–PRESENT):-
INITIAL PUBLIC OFFERING (2004):–
TCS WENT PUBLIC IN AUGUST 2004, MARKING A SIGNIFICANT MILESTONE IN ITS HISTORY. THE IPO WAS ONE OF THE LARGEST IN INDIA AT THE TIME.
GLOBAL LEADERSHIP:-
OVER THE YEARS, TCS EXPANDED ITS GLOBAL FOOTPRINT BY ESTABLISHING OFFICES AND DEVELOPMENT CENTERS IN OVER 46 COUNTRIES.
ACQUISITIONS AND ALLIANCES:–
TCS ACQUIRED SEVERAL COMPANIES, INCLUDING CMC LIMITED AND ALTI S.A. IN FRANCE, TO STRENGTHEN ITS GLOBAL OPERATIONS AND DIVERSIFY ITS OFFERINGS.
TECHNOLOGICAL LEADERSHIP AND SERVICES:-
DIGITAL TRANSFORMATION:–
TCS HAS BEEN AT THE FOREFRONT OF DRIVING DIGITAL TRANSFORMATION FOR BUSINESSES, OFFERING SERVICES IN AI, CLOUD COMPUTING, CYBERSECURITY, IOT, AND BLOCKCHAIN.
RESEARCH AND DEVELOPMENT:–
WITH ITS DEDICATED R&D WING, TCS RESEARCH, THE COMPANY HAS DEVELOPED INNOVATIVE SOLUTIONS IN AUTOMATION, MACHINE LEARNING, AND SOFTWARE ENGINEERING.
INDUSTRY RECOGNITION:–
TCS HAS CONSISTENTLY BEEN RANKED AMONG THE TOP IT SERVICE PROVIDERS GLOBALLY, RECOGNIZED FOR ITS CUSTOMER-CENTRIC APPROACH, INNOVATION, AND DELIVERY EXCELLENCE.
CORPORATE SOCIAL RESPONSIBILITY:-
EDUCATION AND EMPOWERMENT:–
TCS HAS BEEN ACTIVELY INVOLVED IN CSR INITIATIVES, INCLUDING LITERACY PROGRAMS, SKILL DEVELOPMENT, AND COMMUNITY HEALTH.
SUSTAINABILITY:-
THE COMPANY IS COMMITTED TO ENVIRONMENTAL SUSTAINABILITY, ADOPTING GREEN PRACTICES AND SUPPORTING RENEWABLE ENERGY PROJECTS.
PRESENT STATUS:-
HEADQUARTERS:-
MUMBAI, INDIA.
CEO AND MD:–
K. KRITHIVASAN (AS OF 2024).
REVENUE:–
TCS IS AMONG THE MOST VALUABLE IT SERVICES BRANDS IN THE WORLD, CONTRIBUTING SIGNIFICANTLY TO THE TATA GROUP’S REVENUES.
GLOBAL WORKFORCE:-
TCS EMPLOYS OVER 600,000 PROFESSIONALS, MAKING IT ONE OF THE LARGEST EMPLOYERS IN THE IT INDUSTRY.
TCS’S JOURNEY FROM A SMALL DIVISION TO A GLOBAL IT LEADER IS A TESTAMENT TO ITS VISION, ADAPTABILITY, AND COMMITMENT TO EXCELLENCE. IT CONTINUES TO SHAPE THE FUTURE OF TECHNOLOGY WITH ITS INNOVATIVE SERVICES AND SOLUTIONS.
TATA CONSULTANCY SERVICES (TCS) HAS A CONSISTENT TRACK RECORD OF REWARDING ITS SHAREHOLDERS THROUGH REGULAR DIVIDENDS SINCE ITS INITIAL PUBLIC OFFERING (IPO) IN 2004. BELOW IS A DETAILED OVERVIEW OF TCS’S DIVIDEND HISTORY FROM THE IPO DATE TO THE PRESENT:
DIVIDEND HISTORY:-
| FISCAL YEAR | QUARTER | DIVIDEND TYPE | DIVIDEND AMOUNT PER SHARE (INR) | RECORD DATE | PAYMENT DATE |
| 2024-25 | Q2 | INTERIM | 10.00 | 18-OCT-24 | 05-NOV-24 |
| 2024-25 | Q1 | INTERIM | 10.00 | 20-JUL-24 | 05-AUG-24 |
| 2023-24 | Q4 | FINAL | 28.00 | 16-MAY-24 | 04-JUN-24 |
| 2023-24 | Q3 | INTERIM | 9.00 | 19-JAN-24 | 05-FEB-24 |
| 2023-24 | Q3 | SPECIAL | 18.00 | 19-JAN-24 | 05-FEB-24 |
| 2023-24 | Q2 | INTERIM | 9.00 | 19-OCT-23 | 07-NOV-23 |
| 2023-24 | Q1 | INTERIM | 9.00 | 20-JUL-23 | 07-AUG-23 |
| 2022-23 | Q4 | FINAL | 24.00 | 15-JUN-23 | 03-JUL-23 |
| 2022-23 | Q3 | INTERIM | 8.00 | 19-JAN-23 | 03-FEB-23 |
| 2022-23 | Q2 | INTERIM | 8.00 | 18-OCT-22 | 07-NOV-22 |
| 2022-23 | Q1 | INTERIM | 8.00 | 16-JUL-22 | 03-AUG-22 |
| 2021-22 | Q4 | FINAL | 22.00 | 16-MAY-22 | 03-JUN-22 |
| 2021-22 | Q3 | INTERIM | 7.00 | 20-JAN-22 | 07-FEB-22 |
| 2021-22 | Q2 | INTERIM | 7.00 | 15-OCT-21 | 03-NOV-21 |
| 2021-22 | Q1 | INTERIM | 7.00 | 16-JUL-21 | 03-AUG-21 |
| 2020-21 | Q4 | FINAL | 15.00 | 25-MAY-21 | 11-JUN-21 |
| 2020-21 | Q3 | INTERIM | 6.00 | 16-JAN-21 | 03-FEB-21 |
| 2020-21 | Q2 | INTERIM | 12.00 | 15-OCT-20 | 03-NOV-20 |
| 2020-21 | Q1 | INTERIM | 5.00 | 17-JUL-20 | 03-AUG-20 |
| 2019-20 | Q4 | FINAL | 6.00 | 25-MAY-20 | 12-JUN-20 |
| 2019-20 | Q3 | INTERIM | 5.00 | 17-JAN-20 | 03-FEB-20 |
| 2019-20 | Q2 | INTERIM | 5.00 | 18-OCT-19 | 05-NOV-19 |
| 2019-20 | Q1 | INTERIM | 5.00 | 19-JUL-19 | 05-AUG-19 |
| 2018-19 | Q4 | FINAL | 18.00 | 25-MAY-19 | 14-JUN-19 |
| 2018-19 | Q3 | INTERIM | 4.00 | 17-JAN-19 | 25-JAN-19 |
| 2018-19 | Q2 | INTERIM | 4.00 | 18-OCT-18 | 26-OCT-18 |
| 2018-19 | Q1 | INTERIM | 4.00 | 19-JUL-18 | 25-JUL-18 |
| 2017-18 | Q4 | FINAL | 29.00 | 25-MAY-18 | 19-JUN-18 |
| 2017-18 | Q3 | INTERIM | 7.00 | 17-JAN-18 | 31-JAN-18 |
| 2017-18 | Q2 | INTERIM | 7.00 | 13-OCT-17 | 26-OCT-17 |
| 2017-18 | Q1 | INTERIM | 7.00 | 13-JUL-17 | 24-JUL-17 |
| 2016-17 | Q4 | FINAL | 27.00 | 25-MAY-17 | 16-JUN-17 |
| 2016-17 | Q3 | INTERIM | 6.50 | 24-JAN-17 | 06-FEB-17 |
| 2016-17 | Q2 | INTERIM | 6.50 | 27-OCT-16 | 07-NOV-16 |
| 2016-17 | Q1 | INTERIM | 6.50 | 01-AUG-16 | 10-AUG-16 |
| 2015-16 | Q4 | FINAL | 27.00 | 26-MAY-16 | 16-JUN-16 |
| 2015-16 | Q3 | INTERIM | 5.50 | 28-JAN-16 | 08-FEB-16 |
| 2015-16 | Q2 | INTERIM | 5.50 | 29-OCT-15 | 09-NOV-15 |
| 2015-16 | Q1 | INTERIM | 5.50 | 30-JUL-15 | 10-AUG-15 |
| 2014-15 | Q4 | FINAL | 24.00 | 28-MAY-15 | 16-JUN-15 |
| 2014-15 | Q3 | INTERIM | 5.00 | 29-JAN-15 |
BONUS SHARE HISTORY:-
TCS HAS ISSUED BONUS SHARES TO ITS SHAREHOLDERS ON SEVERAL OCCASIONS. THE DETAILS ARE AS FOLLOWS:
| EX-DATE | BONUS RATIO | RECORD DATE |
| 31-MAY-18 | 1:1 | 02-JUN-18 |
| 16-JUN-09 | 1:1 | 17-JUN-09 |
| 28-JUL-06 | 1:1 | 31-JUL-06 |
STOCK SPLIT HISTORY:-
TCS HAS ALSO UNDERTAKEN STOCK SPLITS TO ENHANCE LIQUIDITY AND MAKE SHARES MORE AFFORDABLE FOR INVESTORS. THE MOST RECENT STOCK SPLIT OCCURRED ON MAY 31, 2018.
PLEASE NOTE THAT DIVIDEND AND BONUS DECLARATIONS ARE SUBJECT TO CHANGE BASED ON THE COMPANY’S FINANCIAL PERFORMANCE AND BOARD DECISIONS. FOR THE MOST ACCURATE AND UP-TO-DATE INFORMATION, ALWAYS REFER TO OFFICIAL COMPANY RELEASES AND TRUSTED FINANCIAL NEWS SOURCES.
TCS IPO KEY DETAILS:-
IPO DATE:-
THE IPO WAS LAUNCHED ON AUGUST 19, 2004, AND CLOSED ON AUGUST 24, 2004.
LISTING DATE:-
TCS SHARES WERE LISTED ON THE BOMBAY STOCK EXCHANGE (BSE) AND THE NATIONAL STOCK EXCHANGE (NSE) ON AUGUST 25, 2004.
OFFER SIZE:-
TCS’S IPO WAS ONE OF THE LARGEST IN INDIA AT THE TIME, RAISING APPROXIMATELY ₹5,420 CRORE (₹54.2 BILLION). THE OFFERING COMPRISED 55.4 MILLION EQUITY SHARES.
ISSUE PRICE:–
THE SHARES WERE OFFERED AT A PRICE BAND OF ₹775 TO ₹900 PER SHARE. THE IPO WAS OVERSUBSCRIBED MULTIPLE TIMES, WITH A FINAL ISSUE PRICE FIXED AT ₹850 PER SHARE.
PURPOSE OF THE IPO:-
TO ENABLE TATA SONS, THE PROMOTER, TO PARTIALLY DIVEST ITS STAKE IN THE COMPANY.
TO PROVIDE LIQUIDITY TO TCS AND ENHANCE ITS CORPORATE VISIBILITY.
LISTING PERFORMANCE:–
ON ITS DEBUT, TCS’S SHARES OPENED AT ₹1,076 ON THE BSE, A SIGNIFICANT PREMIUM OVER THE ISSUE PRICE OF ₹850. THE STRONG LISTING UNDERSCORED INVESTOR CONFIDENCE IN THE COMPANY’S GROWTH PROSPECTS.
IMPACT OF THE IPO:-
MARKET CAPITALIZATION:–
FOLLOWING THE IPO, TCS BECAME ONE OF THE MOST VALUABLE COMPANIES IN INDIA IN TERMS OF MARKET CAPITALIZATION.
STOCK PERFORMANCE:–
SINCE ITS LISTING, TCS’S STOCK HAS DELIVERED SUBSTANTIAL RETURNS TO ITS INVESTORS, WITH CONSISTENT GROWTH IN BOTH PRICE AND DIVIDENDS.
WEALTH CREATION:–
THE IPO NOT ONLY CREATED WEALTH FOR RETAIL AND INSTITUTIONAL INVESTORS BUT ALSO ENHANCED THE STATURE OF THE INDIAN IT INDUSTRY ON THE GLOBAL STAGE.
POST-IPO MILESTONES:-
STOCK SPLITS AND BONUSES:–
TCS ISSUED A 1:1 BONUS SHARE IN 2006, 2009, AND 2018, ENHANCING LIQUIDITY AND INVESTOR INTEREST.
DIVIDEND PAYOUTS:-
TCS HAS BEEN CONSISTENT IN REWARDING ITS SHAREHOLDERS WITH DIVIDENDS SINCE ITS LISTING.
GLOBAL LEADERSHIP:–
THE IPO MARKED THE BEGINNING OF TCS’S JOURNEY AS A PUBLIC COMPANY AND HELPED SOLIDIFY ITS POSITION AS A LEADER IN THE GLOBAL IT SERVICES MARKET.
TCS’S IPO IS REGARDED AS ONE OF THE DEFINING MOMENTS IN THE INDIAN STOCK MARKET AND A TURNING POINT FOR THE IT INDUSTRY.
KEY FINANCIAL METRICS:-
MARKET CAPITALIZATION:–
APPROXIMATELY ₹15.07 TRILLION (₹15,07,000 CRORE).
CURRENT MARKET PRICE (CMP):-
₹4,158.95 PER SHARE.
PRICE-TO-EARNINGS (P/E) RATIO:-
31.84.
DIVIDEND YIELD:–
1.75%.
BOOK VALUE PER SHARE:–
₹250.10.
COMPETITIVE LANDSCAPE:-
TCS OPERATES IN A HIGHLY COMPETITIVE ENVIRONMENT, WITH KEY COMPETITORS INCLUDING:
INFOSYS LTD.:–
A MAJOR PLAYER IN IT SERVICES, CONSULTING, AND OUTSOURCING.
WIPRO LTD.:–
KNOWN FOR ITS DIVERSE IT SERVICES AND CONSULTING OFFERINGS.
HCL TECHNOLOGIES LTD.:–
SPECIALIZES IN IT SERVICES AND PRODUCT ENGINEERING.
ACCENTURE:–
A GLOBAL CONSULTING AND PROFESSIONAL SERVICES FIRM.
COGNIZANT TECHNOLOGY SOLUTIONS:–
FOCUSES ON IT SERVICES AND DIGITAL TRANSFORMATION.
CAPGEMINI:–
OFFERS CONSULTING, TECHNOLOGY, AND OUTSOURCING SERVICES.
IBM:–
A MULTINATIONAL TECHNOLOGY AND CONSULTING CORPORATION.
TECH MAHINDRA:-
PROVIDES IT SERVICES AND BUSINESS PROCESS OUTSOURCING.
THESE COMPETITORS ARE RECOGNIZED IN THE INDUSTRY FOR THEIR SIGNIFICANT MARKET PRESENCE AND SERVICE OFFERINGS.
STRENGTHS OF TCS:-
GLOBAL PRESENCE:–
TCS HAS A VAST INTERNATIONAL FOOTPRINT, SERVING CLIENTS ACROSS VARIOUS INDUSTRIES AND GEOGRAPHIES.
DIVERSE SERVICE PORTFOLIO:–
OFFERS A WIDE RANGE OF SERVICES, INCLUDING CONSULTING, IT INFRASTRUCTURE SERVICES, AND BUSINESS SOLUTIONS.
STRONG FINANCIAL PERFORMANCE:–
CONSISTENT REVENUE GROWTH AND PROFITABILITY, WITH A ROBUST BALANCE SHEET.
INNOVATION AND R&D:-
INVESTS SIGNIFICANTLY IN RESEARCH AND DEVELOPMENT, LEADING TO INNOVATIVE SOLUTIONS AND SERVICES.
SKILLED WORKFORCE:-
EMPLOYS A LARGE POOL OF TALENTED PROFESSIONALS, CONTRIBUTING TO ITS SERVICE EXCELLENCE.
CLIENT RELATIONSHIPS:–
MAINTAINS LONG-TERM RELATIONSHIPS WITH A DIVERSE CLIENT BASE, INCLUDING SEVERAL FORTUNE 500 COMPANIES.
DIGITAL TRANSFORMATION LEADERSHIP:-
EMERGING TECHNOLOGIES:-
TCS IS WELL-POSITIONED TO LEVERAGE CUTTING-EDGE TECHNOLOGIES LIKE ARTIFICIAL INTELLIGENCE (AI), MACHINE LEARNING (ML), BLOCKCHAIN, QUANTUM COMPUTING, AND THE INTERNET OF THINGS (IOT).
CLOUD SERVICES:–
WITH BUSINESSES INCREASINGLY MOVING TO THE CLOUD, TCS CAN CAPITALIZE ON ITS PARTNERSHIPS WITH MAJOR CLOUD PROVIDERS (AWS, MICROSOFT AZURE, GOOGLE CLOUD) TO OFFER SCALABLE AND INNOVATIVE CLOUD SOLUTIONS.
DATA AND ANALYTICS:-
EXPANDING ITS DATA ANALYTICS AND BIG DATA CAPABILITIES TO PROVIDE ACTIONABLE INSIGHTS FOR CLIENTS.
INDUSTRY-SPECIFIC SOLUTIONS;-
TCS HAS SIGNIFICANT OPPORTUNITIES TO DEEPEN ITS FOOTPRINT IN KEY INDUSTRIES:
HEALTHCARE:–
DELIVERING AI-DRIVEN HEALTHCARE SOLUTIONS AND EXPANDING ELECTRONIC MEDICAL RECORD (EMR) SYSTEMS.
BANKING AND FINANCE:–
DEVELOPING ADVANCED FINTECH SOLUTIONS AND BLOCKCHAIN-BASED SERVICES FOR SECURE TRANSACTIONS.
RETAIL AND E-COMMERCE:–
LEVERAGING AI AND ANALYTICS FOR PERSONALIZED CUSTOMER EXPERIENCES.
EXPANSION IN EMERGING MARKETS;-
GEOGRAPHIC EXPANSION:-
TCS CAN INCREASE ITS PRESENCE IN UNDERPENETRATED REGIONS LIKE LATIN AMERICA, AFRICA, AND EASTERN EUROPE.
LOCALIZATION STRATEGIES:–
HIRING LOCAL TALENT AND ESTABLISHING DELIVERY CENTERS IN EMERGING MARKETS TO CATER TO REGIONAL CLIENTS.
SUSTAINABILITY AND GREEN IT:-
ECO-FRIENDLY SOLUTIONS:-
TCS CAN INNOVATE IN GREEN IT AND OFFER SUSTAINABLE SOLUTIONS TO REDUCE CARBON FOOTPRINTS.
ESG FOCUS:–
ENHANCING ITS ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) PRACTICES TO ATTRACT GLOBAL CLIENTS PRIORITIZING SUSTAINABILITY.
AUTOMATION AND HYPERAUTOMATION:-
ROBOTIC PROCESS AUTOMATION (RPA):-
AUTOMATING REPETITIVE TASKS FOR CLIENTS, IMPROVING EFFICIENCY AND REDUCING COSTS.
INTELLIGENT AUTOMATION:–
INTEGRATING AI WITH RPA TO CREATE SMARTER WORKFLOWS AND SYSTEMS.
TALENT DEVELOPMENT AND RETENTION:-
UPSKILLING WORKFORCE:-
CONTINUOUSLY TRAINING EMPLOYEES IN EMERGING TECHNOLOGIES TO REMAIN COMPETITIVE.
WORKPLACE INNOVATION:–
BUILDING HYBRID AND REMOTE WORKING MODELS FOR GLOBAL TALENT ENGAGEMENT.
PARTNERSHIPS AND ACQUISITIONS:-
STRATEGIC ACQUISITIONS:–
ACQUIRING NICHE PLAYERS TO STRENGTHEN ITS CAPABILITIES IN AI, CYBERSECURITY, AND EMERGING TECH DOMAINS.
COLLABORATIONS:–
BUILDING ALLIANCES WITH TECHNOLOGY AND INDUSTRY LEADERS TO CO-CREATE INNOVATIVE SOLUTIONS.
FOCUS ON CYBERSECURITY:-
WITH INCREASING CYBER THREATS, TCS CAN STRENGTHEN ITS CYBERSECURITY OFFERINGS, INCLUDING ADVANCED THREAT DETECTION, RESPONSE SYSTEMS, AND SECURE SOFTWARE DEVELOPMENT.
GOVERNMENT AND PUBLIC SECTOR PROJECTS:-
DIGITAL GOVERNMENT SERVICES:–
COLLABORATING WITH GOVERNMENTS FOR DIGITAL TRANSFORMATION, INCLUDING E-GOVERNANCE, SMART CITIES, AND PUBLIC HEALTH SYSTEMS.
NATIONAL DEFENSE:–
DEVELOPING SOLUTIONS FOR CYBERSECURITY AND NATIONAL SECURITY.
RESEARCH AND DEVELOPMENT (R&D):-
INNOVATION LABS:-
EXPANDING R&D CENTERS GLOBALLY TO FOCUS ON DISRUPTIVE TECHNOLOGIES.
PATENTS AND PROPRIETARY SOLUTIONS:-
INVESTING IN CREATING INTELLECTUAL PROPERTY TO DIFFERENTIATE ITSELF IN THE MARKET.
POTENTIAL CHALLENGES:-
COMPETITION FROM GLOBAL AND REGIONAL IT PLAYERS.
MACROECONOMIC FACTORS LIKE INFLATION, GEOPOLITICAL ISSUES, AND CURRENCY FLUCTUATIONS.
RAPIDLY EVOLVING TECHNOLOGY LANDSCAPES REQUIRING CONSTANT ADAPTABILITY.
TCS’S ROBUST CAPABILITIES, STRONG CLIENT RELATIONSHIPS AND INNOVATIVE MINDSET MAKE IT A KEY PLAYER POISED TO THRIVE IN THE DYNAMIC IT SERVICES INDUSTRY. WITH FOCUSED STRATEGIES AND INVESTMENTS IN EMERGING AREAS, TCS IS SET TO LEAD THE DIGITAL REVOLUTION ACROSS INDUSTRIES GLOBALLY.
THANKS.
PLEASE COMMENT IN COMMENT BOX.
DIVIDEND UPDATE
| EX-DATE | DIVIDEND AMOUNT | DIVIDEND TYPE | RECORD DATE | INSTRUMENT TYPE |
| 17 Jan 2025 | 66.00 | SPECIAL | 17 Jan 2025 | EQUITY SHARE |
| 17 Jan 2025 | 10.00 | INTERIM | 17 Jan 2025 | EQUITY SHARE |
Excellent