Dividend Details
The Shareholders approved a final dividend of ₹22 per equity share (face value ₹10 each) at the 33rd Annual General Meeting held on Saturday, September 12, 2026. The record date for determining eligible shareholders was Friday, August 21, 2026.
Successful Dividend Payments
For shareholders with complete and correct bank details, the dividend amount (net of tax deducted at source) was directly credited to their bank accounts on September 18, 2026. The company provided a detailed breakdown for a sample shareholder holding 250 shares:
- Gross Dividend Amount: ₹5,500.00
- Tax Deducted: ₹0.00 (0.0000% rate)
- Net Dividend Paid: ₹5,500.00
- Mode of Payment: DIRECT REMITTANCE
Withheld Dividend Payments
Dividend payments were withheld for shareholders with incorrect/incomplete bank account details or non-KYC cases. Two specific scenarios were detailed:
Case 1: Incomplete KYC/Bank Details (300 shares)
- Gross Dividend Amount: ₹6,600.00
- Tax Deducted at Source: ₹1,320.00
- Net Dividend Amount: ₹5,280.00
- Reason: Bank details not updated with Depository Participant/RTA and incomplete KYC formalities
Case 2: Payment Rejection (1 share)
- Gross Dividend Amount: ₹22.00
- Tax Deducted at Source: ₹5.00 (includes tax + surcharge + cess)
- Net Dividend Amount: ₹17.00
- Reason for failure: Account Blocked Dormant
Required Actions
Shareholders with withheld dividends must:
- For physical shares: Submit Forms ISR-1, ISR-2, ISR-3, SH-13 and SH-14 to update PAN, KYC details and nomination
- For demat shares: Update bank mandate details with Depository Participant and provide self-attested copy of updated Client Master List certified by DP
- All communications should be directed to the RTA, MUFG Intime India Private Limited
Tax Compliance
The company will file TDS returns electronically as per Income Tax laws. Tax credit can be viewed in Form 26AS through TRACES or Income Tax Department's e-filing portal.