Investors of Tata Communications can get bigger gifts soon. The decision on the company’s Land Deamger’s coming soon. It expects larger dividends and value unlocking. Land Deamger’s announcement is possible in the next board meeting. The estimated value of the company’s land is 9-10 thousand crores which is 300-350 rupees per share. After the demerger, the amount will be distributed in the form of dividends.
Due to this demerger, investors can get a dividend of Rs 250-275 per share. Only retail investors and government will get the dividend. The promoter Tata Group will not get the dividend. At the same time, retail shareholders will not have to pay any taxes. The company has given priority to Land DeMager. EY has been appointed consultant for Land Deamger’s.