DelhiDesk TVS Electronics, India’s leading electronic goods manufacturer and warranty service provider, has set a record date for dividend payment. The board of directors recommended a final dividend of Rs 2 per equity share of face value of Rs 10 each for the financial year ending March 31, 2023. The dividend will be paid within 30 days from the date of approval of the shareholders in the Annual General Meeting to be held on August 5, 2023. The company’s shares fell by 5% on Friday and closed at Rs 367 on the NSE. TVS Electronics has a market cap of Rs 685.87 crore.

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๐Ÿ‘‰ Small-Cap Electronics Company TVS Electronics
๐Ÿ‘‰ Record date set for dividend
๐Ÿ‘‰ Recommended final dividend of Rs 2 per equity share
๐Ÿ‘‰ Financial year ending March 31, 2023
๐Ÿ‘‰ Dividend to be paid within 30 days from date of approval
๐Ÿ‘‰ Record date for dividend – July 29, 2023
๐Ÿ‘‰ Total income of Rs 85.11 crore in FY23, 4.22% lower than FY22
๐Ÿ‘‰ Net profit of Rs 1.51 crore in Q4FY23, decline of 66.37% from Q4FY22
๐Ÿ‘‰ TVS Electronics shares down 5% on Friday, closed at Rs 367 on NSE
๐Ÿ‘‰ Company has market cap of Rs 685.87 crore
๐Ÿ‘‰ TVS Electronics given 28% return to investors in last 6 months
๐Ÿ‘‰ Shares gained 25% so far this year, 64% in last one year
๐Ÿ‘‰ TVS Electronics shares have given 444% return to investors in last 3 years

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