Tata Trusts will earn Rs 267 crore as dividend income from Tata Sons for 2021-22 (FY22). About 66 per cent of the group’s equity capital is with the trusts owned by the Tata family.
Tata Sons, the unlisted holding company of Tata Group of companies, has announced a dividend of Rs 10,000 per share at the rate of 1,000 per cent.
Once approved by its shareholders on August 30, the dividend will lead to a total outflow of Rs 404 crore for FY22. The Mistry family will earn Rs 75 crore as dividend income on its 18.5 per cent stake in the company.