Key Quantitative Figures
The Board of Directors recommended a final dividend of ₹3.00 per equity share for FY 2025-26, subject to shareholder approval at the Annual General Meeting scheduled for September 18, 2026.
TDS Threshold and Rates
- No TDS will be deducted on dividend payments to resident individual shareholders if total dividend during Tax Year 2026-27 does not exceed ₹10,000
- Resident shareholders with valid PAN: 10% TDS
- Resident shareholders with no/invalid PAN: 20% TDS
- Non-resident shareholders generally: 20% TDS or tax treaty rate (whichever beneficial)
- Non-resident shareholders from Notified Jurisdictional Area: 30% TDS
- Certain exempt categories (Sovereign Wealth Funds, Pension Funds, ADIA subsidiaries): 0% TDS
Critical Dates
- Annual General Meeting: September 18, 2026
- Documentation submission deadline: Friday, September 11, 2026
- Tax Year coverage: April 1, 2026 to March 31, 2027
Parties Involved
- Registrar & Transfer Agent: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Depository Participants (for demat shareholders)
- Income Tax Department
Documentation Requirements
Shareholders must submit various documents depending on their category:
- Resident individuals with dividend > ₹10,000: Form 121 and PAN copy
- Certain exempt entities: Self-declaration with supporting documents
- Non-resident shareholders: Tax Residency Certificate, Form 41, various declarations
- All documents must be submitted through specified online portal by September 11, 2026
Additional Requirements
- PAN-Aadhaar linking mandatory (effective July 1, 2023)
- Shareholders must update KYC details including PAN, email, address, mobile number, and bank account details
- TDS certificates will be issued electronically within statutory timeline
- Company reserves right to verify PAN details through NSDL utility
Disclaimer
The communication includes extensive disclaimers stating it does not constitute legal or tax advice and shareholders should consult their own tax advisors.