Dividend Recommendation and Record Date

The Board of Directors at its meeting held on May 27, 2026, recommended a Dividend of Rs. 5/- per Equity Share of Rs. 10/- each for the financial year 2025-26. This is subject to approval of shareholders at the 39th Annual General Meeting scheduled to be held on Friday, September 18, 2026.

The Company has fixed Friday, September 11, 2026 as the Record Date for determining eligible shareholders for dividend payment.

TDS Applicability and General Provisions

Dividend, if declared/approved and paid, will be taxable in the hands of shareholders for Tax Year 2026-27. The rate of tax deduction depends on residential status, category of shareholder, availability of valid PAN, and declarations/certificates submitted by shareholders under the Income-tax Act, 2025 and applicable Double Taxation Avoidance Agreements.

TDS Rates for Different Shareholder Categories

For Resident Individual Shareholders:

  • 10% TDS where aggregate dividend exceeds ₹10,000 during Tax Year (Section 393(1))
  • No TDS if dividend amount does not exceed ₹10,000 and paid in non-cash mode (Section 393(4))
  • NIL TDS if shareholder submits duly filed Form 121 meeting eligibility conditions (Section 393(6))

For Resident Shareholders Other Than Individual (HUF/LLP/AOP/Companies/Firm/Trust):

  • 10% TDS on entire dividend amount without threshold
  • 20% TDS in case of invalid or non-availability of PAN

For Other Category Shareholders (Mutual Fund, Insurance Company, AIF Category I & II, Government):

  • May be exempt from TDS subject to fulfilment of conditions under the Act and Rules
  • Required to furnish appropriate declarations and supporting documents

For Non-Resident Shareholders including FPI/FII:

  • 20% TDS (plus applicable surcharge and cess) on entire dividend amount without threshold
  • May avail DTAA benefits by providing PAN, Tax Residency Certificate, Form 41, self-declaration of treaty eligibility, and SEBI registration certificate (for FII/FPI)

Declaration Submission Deadline

All declarations must be submitted to the Registrar and Transfer Agent, KFin Technologies Limited, on or before Friday, September 11, 2026, 5:00 PM IST. No declarations will be accepted after this deadline.

Additional Important Notes

  • PAN must be linked with Aadhaar as per Section 262 of the Act, otherwise TDS will be deducted at higher rates
  • Shareholders with multiple accounts under different status/categories must ensure consistent PAN details
  • TDS certificate will be shared electronically and reflected in Form 168/AIS on Income-tax e-filing portal
  • Shareholders holding physical shares must update PAN, contact details, bank account details, and specimen signature with RTA for electronic dividend payment as mandated by SEBI
  • All communications should be addressed to KFintech at einward.ris@kfintech.com or Company at cs@alphageoindia.com

Disclaimer

The information provided does not constitute legal or tax advice, and shareholders are advised to consult their own tax consultants for specific tax implications.