Tata Consultancy Services’ (TCS) board will definitely assemble on October 10 to look at and authorize the agency’s second-quarter financial outcomes.
The agency likewise uncovered that the board will definitely think about stating a 2nd performing returns for its fairness traders all through the convention.
As laid out in a governing declaring, if the performing returns is permitted, it would actually be payable to traders whose names present up within the agency’s paperwork or as helpful proprietors in vault paperwork because the doc day, established for October 18, 2024.
The convention on October 10 will definitely likewise see the board authorize the standalone and mixed financial outcomes for the quarter and half-year finish September 30, 2024, in conformity with Indian Accounting Standards (Ind AS).
Earlier in July, TCS acknowledged an performing returns of 10 per share for the fiscal yr 2024-25. The agency’s Q2 revenues teleconference is about up for the evening of October 10. TCS shares shut virtually 1 p.c decreased on the BSE, at 4,271 per share.
Disclaimer: Business Today provides inventory change info for academic goals simply and should not be interpreted as monetary funding strategies. Readers are motivated to hunt recommendation from an authorized financial professional prior to creating any form of monetary funding selections.
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