Tata Consultancy Services’ (TCS) board will certainly assemble on October 10 to examine and authorize the firm’s second-quarter monetary outcomes.
The firm likewise exposed that the board will certainly take into consideration stating a 2nd acting returns for its equity investors throughout the conference.
As specified in a governing declaring, if the acting returns is authorized, it will certainly be payable to investors whose names show up in the firm’s documents or as useful proprietors in vault documents since the document day, established for October 18, 2024.
The conference on October 10 will certainly likewise see the board authorize the standalone and combined monetary outcomes for the quarter and half-year end September 30, 2024, in conformity with Indian Accounting Standards (Ind AS).
Earlier in July, TCS stated an acting returns of 10 per share for the fiscal year 2024-25. The firm’s Q2 revenues teleconference is set up for the night of October 10. TCS shares shut almost 1 percent reduced on the BSE, at 4,271 per share.
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