Key Quantitative Figures and Dates

The Board of Directors recommended a final dividend of ₹0.60 per equity share of face value ₹2 each for FY ended March 31, 2026. Key dates include:

  • Annual General Meeting (4th AGM): Monday, August 10, 2026
  • Record Date: Friday, July 31, 2026
  • Dividend Payout Date: On or before September 8, 2026
  • Last date for tax document submission: Friday, July 31, 2026

TDS Provisions and Requirements

For All Shareholders

Shareholders must ensure the following details are updated with their Depository Participant or RTA (MUFG Intime India Private Limited) by July 31, 2026:

  • Valid Permanent Account Number (PAN)
  • Residential status (Resident/Non-Resident for FY 2026-27)
  • Shareholder category (Mutual Fund, Insurance Company, AIF, FPI/FII, Individual, HUF, etc.)
  • Email address
  • Residential address

Dividends will be paid only through electronic mode as per SEBI Notification dated November 18, 2025, and Master Circular dated February 6, 2026. Dividends will be withheld if bank details are inadequate.

For Resident Shareholders

  • Insurance Companies, AIF Category I and II: No TDS if valid IRDAI/SEBI registration certificates submitted
  • Recognized Provident Funds, Approved Superannuation Funds, Approved Gratuity Funds: No TDS subject to specified conditions and documentation
  • National Pension Scheme, Government (Central/State): No TDS as per IT Act provisions
  • Other resident shareholders: TDS at 10% under Section 393(1)
  • No TDS if dividend does not exceed ₹10,000 in a financial year for resident individuals
  • No TDS available through Form No. 121 for individuals with no tax liability or seniors aged 60+ with no tax liability
  • TDS at 20% if valid PAN not available or PAN not linked with Aadhaar
  • TDS at rates prescribed in lower tax withholding certificate under Section 395(1) if provided

For Non-Resident Shareholders (including FIIs/FPIs)

  • TDS at 20% (plus surcharge and cess) under Section 393(2)
  • Option to avail Double Tax Avoidance Treaty benefits by providing:
  • Self-attested copy of PAN (if available)
  • Self-attested copy of valid Tax Residency Certificate
  • Electronic Form 41
  • Self-declaration certifying tax residency, beneficial ownership, and no permanent establishment in India
  • TDS at rates prescribed in valid lower tax withholding certificate under Section 395(1) if provided

Submission Procedures

All tax-related documents must be uploaded to https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html by Friday, July 31, 2026. No communications received after this date will be considered. Incomplete or unsigned forms will not be accepted for exemption purposes.

Additional Notes

  • All tax rates will be enhanced by surcharge and cess where applicable
  • Self-attested documents must be certified as "true copy of the original"
  • If dividend income is assessable to someone other than registered shareholder, declaration must be submitted by July 31, 2026
  • TDS certificates will be emailed to registered email IDs post dividend payment
  • Shareholders indemnify the Company against any income tax demands arising from misrepresentation