LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » India News

TCS share price hits record high after IT major shares updates on bonus, dividend

TCS informed the exchanges that the twenty-third Annual General Meeting (AGM) of the Company will be held on Friday, June 15, 2018 wherein it will take a call on issuing dividend as was announced on Q4 results day. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
TCS share price hits record high after IT major shares updates on bonus, dividend
TCS share price hits record high on Monday. Image source: Reuters
Written By: ZeeBiz WebTeam
Updated: Mon, May 21, 2018
12:42 pm
ZeeBiz WebDesk
RELATED NEWS
TCS reported a strong quarter with beat on revenues and margins TCS reported a strong quarter with beat on revenues and margins
TCS Share Price: Strong Performance in Q3, Management gains market share on strong demand outlook TCS Share Price: Strong Performance in Q3, Management gains market share on strong demand outlook
TCS Share Price: Details of the Q3 results Decoded by ICICI Securities TCS Share Price: Details of the Q3 results Decoded by ICICI Securities
TCS share price soars 7.5 pct on Buyback news; will results beat analysts’ estimates? Check preview ahead of Q2 FY21 earnings TCS share price soars 7.5 pct on Buyback news; will results beat analysts’ estimates? Check preview ahead of Q2 FY21 earnings
TCS CEO & MD Salary: Rajesh Gopinathan's pay package slashed by Tata Consultancy Services TCS CEO & MD Salary: Rajesh Gopinathan's pay package slashed by Tata Consultancy Services

TCS share price hits record high on Monday, gains over 2 per cent after the IT major fixed June 2, 2018 as the record date for issuing bonus shares. The stock gained as much as 2.5 per cent to Rs 3591.85 on the BSE even as the benchmark indices remained under pressure.

TCS is India's most valued firm in terms of market capitalisation and among 60-odd firms worldover whose market cap rules above $100 billion. The stock has rallied over 32 per cent on a year-to-date basis. By comparison, the Sensex added just 2 per cent.  

"We wish to inform that pursuant to Regulation 42 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has fixed Saturday, June 2 2018 as the Record Date for determining the entitlement of members to receive Bonus Shares," the company said in a regulatory filing. 

"The Bonus Shares, once allotted, shall rank pari-passu in all respects with and carry the same rights as the existing Equity Shares and shall be entitled to participate in full in any dividend and other corporate action, recommended and declared after the new Equity Shares are allotted," TCS added.  

The company also informed the exchanges that the twenty-third Annual General Meeting (AGM) of the Company will be held on Friday, June 15, 2018 wherein it will take a call on issuing dividend as was announced on Q4 results day. 

WATCH ZEE BUSINESS VIDEO HERE

"If the final dividend as recommended by the Board of Directors is approved at the AGM, payment of such dividend will be made on Tuesday, June 19, 2018," it said. 

The Directors have recommended a final dividend of Rs 29 per equity share of Rs 1 each of the company for approval by the shareholders at the ensuing AGM of the Company.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Tata Consultancy Services
RELATED NEWS
TCS reported a strong quarter with beat on revenues and margins TCS reported a strong quarter with beat on revenues and margins
TCS Share Price: Strong Performance in Q3, Management gains market share on strong demand outlook TCS Share Price: Strong Performance in Q3, Management gains market share on strong demand outlook
TCS Share Price: Details of the Q3 results Decoded by ICICI Securities TCS Share Price: Details of the Q3 results Decoded by ICICI Securities
TCS share price soars 7.5 pct on Buyback news; will results beat analysts’ estimates? Check preview ahead of Q2 FY21 earnings TCS share price soars 7.5 pct on Buyback news; will results beat analysts’ estimates? Check preview ahead of Q2 FY21 earnings
TCS CEO & MD Salary: Rajesh Gopinathan's pay package slashed by Tata Consultancy Services TCS CEO & MD Salary: Rajesh Gopinathan's pay package slashed by Tata Consultancy Services

LATEST NEWS

EPF vs PPF vs VPF vs NPS: Money making strategy! Top personal finance experts say do this to earn big gains

How to save income tax: Want to save up to Rs 46,800? Here is a method and step by step guide for tax-saving

Here is why ONGC's plan to merge MRPL with HPCL may have to wait till FY24

KGF Chapter 2 Teaser Record: Yet another record rare achievement for film industry

Pension Payment Order: Modi government explains how PPO promises ease of living for senior citizens

7th Pay Commission latest news: Salary up to Rs 2.08 lakh plus DA, HRA, TA; check this 7th CPC offer details at upsconline.nic.in

Big transportation boost! PM Narendra Modi flags off 8 trains facilitating seamless rail connectivity to Statue of Unity

New coronavirus shocker from China! Now, virus found in ice cream - Check eye opening details here

Looking for mid-range budget-friendly laptops? VAIO with Nexstgo launches new series - Prices, specs, features and all you need to know

EPFO Pension: Your Provident Fund (PF) structure may change soon - Here is why

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved