Company Disclosure

Dividend Declaration Details

  • Board of Directors recommended dividend of 110% (₹11 per equity share of face value ₹10 each) at meeting held on 21st May 2026
  • Dividend subject to approval at Annual General Meeting scheduled for 20th August 2026
  • If approved, dividend will be paid to eligible shareholders on or after 24th August 2026
  • Financial year: Ended 31st March 2026

TDS Compliance Requirements

Deadline for Documentation

All shareholders must submit required documents and details by Thursday, 13th August 2026

Mandatory Information for All Shareholders

Shareholders must update the following through Depository Participant (demat) or Registrar and Transfer Agent (physical):

  • Residential status (Resident/Non-Resident for FY 2026-27)
  • Valid Permanent Account Number (PAN)
  • Aadhaar number (for individual shareholders)
  • Category of shareholder from specified list
  • Email ID
  • Address
  • Contact number

TDS Rates for Resident Shareholders

  • 10% TDS if PAN available and valid (Section 393(1) of Income Tax Act, 2025)
  • 20% TDS if no PAN/invalid PAN (Section 397(2))
  • No TDS for resident individuals if aggregate dividend does not exceed ₹10,000
  • PAN must be linked with Aadhaar for individuals to avoid 20% TDS rate

TDS Rates for Non-Resident Shareholders

  • 20% TDS (plus surcharge and cess) under Section 393(2)
  • Option to avail DTAA benefits if more beneficial
  • Required documents for DTAA: PAN copy, Tax Residency Certificate, e-filed Form 41, self-declaration of treaty eligibility

Exemptions and Special Categories

Specific documentation required for:

  • Insurance companies (Section 393(4) exemption)
  • Mutual Funds (Schedule VII exemption)
  • Alternative Investment Funds Category I & II (Schedule V exemption)
  • National Pension Scheme Trust
  • Recognized provident funds/approved superannuation/gratuity funds
  • Government, RBI, corporations established by Central Act (Section 393(5))

Submission Procedures

  • Documents to be uploaded with Registrar and Transfer Agent, MUFG Intime India Private Limited
  • Email submission: cel.investor@adityabirla.com
  • Online portal: https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html
  • No communications accepted after 13th August 2026

Additional Requirements

Bank Account Updates

  • Shareholders must update bank account details for electronic dividend payment
  • Physical folio holders must submit ISR-1 form with PAN and cancelled cheque
  • Physical folio must be KYC compliant for electronic payment as per SEBI Master Circular

Registrar and Transfer Agent Details

MUFG Intime India Private Limited (formerly Link Intime India Private Limited)

C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai- 400083

Tel: +91-8108116767

Important Notes

  • Company will rely on records available at record date for TDS determination
  • No claims against Company for taxes deducted based on available information
  • Shareholders responsible for any tax demands arising from misrepresentation
  • TDS credit visible in Form 168 through income tax e-filing portal

Annexures Available

  • Annexure 1: Form No. 121 (for resident individual members)
  • Annexure 2: Declaration Format (for various exempt categories)
  • Annexure 3: Declaration on Tax Treaty (for non-resident shareholders)