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Tata Elxsi shares turn ex-dividend tomorrow, last chance to buy for Rs 75 dividend benefit

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June 10, 2025
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Tata Elxsi shares turn ex-dividend tomorrow, last chance to buy for Rs 75 dividend benefit
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Tata Elxsi shares will trade ex-dividend starting Wednesday, June 11, 2025, as the company has fixed the date as the record date to determine eligibility for its final dividend of Rs 75 per equity share.

This makes today, June 10, the last trading day for investors to buy Tata Elxsi shares and be eligible to receive the declared dividend. Any shares bought on or after June 11 will not entitle the investor to the payout.

“Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Wednesday, June 11, 2025, as the Record Date for determining entitlement of Members to dividend for the financial year ended March 31, 2025,” the company had said in a previous filing to the stock exchanges.

The dividend, recommended by the company’s Board of Directors in its meeting held on April 17, 2025, amounts to Rs 75 per share of face value Rs 10 each, representing a 750% payout.

The company also informed that the said dividend will be paid on or before June 30, 2025, after deducting applicable taxes at source.

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Tata Elsxi dividend history

Over the last 12 months, Tata Elxsi Ltd. has announced a total equity dividend of Rs 70 per share. Based on a share price of Rs 6,631.50, this translates to a dividend yield of 1.06%.

Tata Elxsi share price performance

Tata Elxsi shares have declined by 6.87% over the past 1 year, and registered a year-to-date (YTD) decline of 1.74%. Over the last 6 months, the stock has dropped by 9.93%. However, in the shorter term, the stock has delivered gains—17.92% over 3 months and 15.53% over 1 month, respectively.

On Monday, the shares of Tata Elxsi closed 2.5% higher at Rs 6,629.40 on the BSE.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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