Date: September 25, 2026
Dividend Declaration
- Final dividend @20% i.e. Re. 0.20 per equity share of face value Re. 1/- each for financial year ended March 31, 2026
- Dividend recommendation made by Board of Directors on May 20, 2026, subject to shareholder approval at upcoming AGM
- Record Date: Wednesday, September 23, 2026 for determining shareholder eligibility
- Dividend payment to be made within 30 days from AGM date
TDS Procedures for Resident Shareholders
- Default TDS rate: 10% under Section 393(1) r.w.s 393(4) of Income-tax Act, 2025
- No TDS if dividend receipt ≤ Rs. 10,000/- in financial year for resident individual shareholders
- Higher TDS rate of 20% applicable for: PAN not available/invalid/inoperative, non-linking of PAN with Aadhaar
- Lower/nil TDS rates available with appropriate certificates under Section 395(1)
- Specific exemptions for LIC, GIC, Mutual Funds, NPS Trust, provident funds, and other exempt entities with proper documentation
- Submission deadline for tax documents: Wednesday, September 30, 2026
TDS Procedures for Non-Resident Shareholders
- Default TDS rate: 20% plus applicable surcharge and cess
- Beneficial DTAA rates available with proper documentation including Tax Residency Certificate, Form 41, PAN declaration
- Specific rates for different categories:
- Foreign Institutional Investors/FPIs: 20% plus surcharge/cess or treaty rate
- Indian Branch of Foreign Bank: 35% plus surcharge/cess or nil with Section 395(1) certificate
- Submission deadline for tax documents: Wednesday, September 30, 2026
General Provisions
- For shareholders with multiple accounts under different status/category with single PAN, higher applicable tax rate will be applied to entire holding
- Declaration under Rule 203 required if dividend income assessable in hands of person other than deductee
- Shareholders must update bank account details in demat accounts/physical folios for direct dividend credit
- PAN must be linked with Aadhaar as per Section 262 of Act read with Rule 162 of Income-tax Rules, 2026
- Document submission channels: Bigshare Services Private Limited website or specified email addresses (info@bigshareonline.com, investor@bigshareonline.com, info@agiinfra.com, cs@agiinfra.com)