Rs 75 Dividend: Tata Elxsi fixes record date for FY26 payout; check eligibility details

Tata Elxsi Dividend Record Date: Tata Elxsi Ltd has announced June 10, 2026, as the record date to determine eligible shareholders for its final dividend of Rs 75 per equity share for the financial year ended March 31, 2026.

The design and technology services company informed stock exchanges that shareholders whose names appear in the company's records as of the record date will be entitled to receive the dividend, subject to approval at the upcoming annual general meeting (AGM).

In a regulatory filing on June 1, Tata Elxsi said the Register of Members and Share Transfer Books of the company will remain closed from June 11 to June 24, 2026, both days inclusive.

Dividend payment subject to shareholder approval

The dividend proposal was first approved by the company's board of directors during its meeting held on April 21, 2026. The board recommended a dividend of Rs 75 per share on equity shares with a face value of Rs 10 each.

If approved by shareholders at the AGM, the dividend payment will be made on or after June 30, 2026, the company said.

AGM to be held virtually on June 24

Tata Elxsi's 37th Annual General Meeting is scheduled to be held on June 24, 2026, at 10:30 am through video conferencing (VC) and other audio-visual means (OAVM).

The announcement regarding the record date was made after market hours on June 1.

Shares of Tata Elxsi ended the session 0.41 per cent higher at Rs 4,302.90 apiece on the National Stock Exchange (NSE).

Strong Q4 performance boosts earnings

The dividend announcement follows a strong March quarter performance by the Tata Group company.

Tata Elxsi reported a 27.8 per cent year-on-year increase in consolidated profit after tax (PAT) to Rs 220.35 crore for the fourth quarter of FY26, compared with Rs 172.41 crore in the corresponding period last year.

Revenue from operations rose 9.4 per cent to Rs 993.75 crore during the quarter, up from Rs 908.33 crore a year ago.

Media and communications business drives growth

Commenting on the results, Manoj Raghavan, Chief Executive Officer and Managing Director of Tata Elxsi, said the company's Media & Communications segment contributed 32.7 per cent of total revenue during the quarter.

According to Raghavan, growth in the segment was supported by continued ramp-up of existing deals, a strategic AdTech engagement and a significant contract win from a Tier-1 telecom operator in the United States.

The company also secured a multi-year deal from a leading global device manufacturer for its portfolio of video and broadband products.

New wins strengthen transportation business outlook

Tata Elxsi also reported key client wins in its transportation vertical despite revenue consolidation following a strong third quarter.

Raghavan said the company secured two strategic contracts during the quarter — one from a new-age automotive original equipment manufacturer (OEM) in the Asia-Pacific region and another from a next-generation mobility services company in the United States.

The wins are expected to strengthen Tata Elxsi's position in the automotive and mobility engineering services space as demand for software-led vehicle development continues to grow.