Tata Elxsi dividend: June 10 record date for ₹75
Tata Elxsi Ltd
TATAELXSI
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Key announcement in focus
Tata Elxsi Ltd has fixed Wednesday, June 10, 2026 as the record date to determine which shareholders are eligible for a ₹75 per equity share dividend for the financial year ended March 31, 2026. The dividend was recommended by the Board of Directors at its meeting held on April 21, 2026. The company also indicated that the payout is subject to shareholder approval at its upcoming annual general meeting (AGM). For investors tracking corporate actions, the record date is the operational cut-off used by the company to decide who gets the dividend.
Dividend details: ₹75 per share, 750% on face value
The recommended dividend is ₹75 per share on equity shares with a face value of ₹10 each. This translates to a 750% dividend on face value, as stated in the company’s communication. The dividend is proposed for the financial year ending March 31, 2026. As is standard, the final payment depends on shareholders approving the proposal at the AGM.
Record date and what it determines
The company has clarified that June 10, 2026 will serve as the cut-off date to determine dividend eligibility. Shareholders whose names appear in the company’s records as of the close of business on the record date are considered eligible, subject to the AGM approval. For investors holding shares in demat mode, eligibility is based on the names appearing in the beneficial owners’ list provided by the depositories at the close of business on June 10, 2026. For shares held in physical mode, the dividend is payable to members whose names appear in the Register of Members as of the close of business on the same date.
Register of Members closure window
Tata Elxsi said the Register of Members will remain closed from Thursday, June 11, 2026 to Wednesday, June 24, 2026 (both dates inclusive). This is part of the process companies follow around record dates and shareholder meetings. During this period, the register is not available for changes, aligning the shareholder list for the corporate action.
AGM date, time, and approval requirement
The company’s 37th Annual General Meeting (AGM) is scheduled for Wednesday, June 24, 2026. The meeting is slated to take place at 10:30 am through video conferencing (VC) or other audio-visual means (OAVM). Shareholders will vote on the dividend, among other items. The dividend will be paid only if it is approved at the AGM.
Expected dividend payment timeline
Subject to shareholder approval at the AGM, Tata Elxsi indicated that the dividend would be paid on or after Tuesday, June 30, 2026. The company also noted that the payment will be subject to deduction of tax at source, where applicable. This timeline gives investors a clear sequence: record date first, AGM approval next, and payout after that.
What the company disclosed through filings
According to an exchange filing dated June 1, the company stated that June 10 is the record date for determining entitlement of members to the dividend for the year ended March 2026. The same disclosure also laid out the book closure dates from June 11 to June 24, 2026. Separately, the company’s Board recommendation for the dividend was linked to the Board meeting held on April 21, 2026.
Comparison with last year’s dividend
Tata Elxsi had declared an identical dividend of ₹75 in June 2025, based on the information provided. In the 2025 cycle, the record date was Wednesday, June 11, 2025, and the dividend, if approved, was to be paid on or before June 30, 2025, after applicable tax deduction at source. The repetition of the same per-share payout across the two years provides continuity for dividend-focused investors tracking the company’s distribution pattern.
Dividend yield figures cited
The provided data also lists Dividend Yield (Trailing): 1.39% and Dividend Yield (Forward): 1.39%. Dividend yield is typically calculated as dividend per share divided by share price, expressed as a percentage. While yield can change with market price movements, these figures provide a reference point mentioned alongside the dividend details.
Summary table: Tata Elxsi dividend event calendar
Timeline comparison: FY2026 vs FY2025 dividend cycle
Why this matters for shareholders
For shareholders, the most important operational detail is the record date, because it determines whether an investor’s name is considered on the eligible list for the dividend. The book closure period and AGM date explain how the company finalises and validates that list before the payout. Investors holding shares in demat form should especially note the reliance on the depositories’ beneficial owner list as of the close of business on June 10, 2026.
Conclusion
Tata Elxsi has set June 10, 2026 as the record date for its proposed ₹75 per share dividend for FY ended March 2026, with the AGM on June 24, 2026. If shareholders approve the proposal, the company expects the dividend to be paid on or after June 30, 2026, subject to applicable tax deductions.
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