Dividend Declaration

  • Board meeting held on May 19, 2026 recommended a maiden final dividend of ₹0.40 per equity share (20% of face value of ₹2 each) for financial year 2025-26
  • Dividend payment is subject to shareholder approval at the 5th Annual General Meeting scheduled for July 14, 2026
  • Record date for dividend eligibility: July 1, 2026
  • Dividend will be payable to shareholders whose names appear in the Register of Members or Register of Beneficial Owners as of record date

Tax Deduction at Source Procedures

Resident Shareholders

  • Individual shareholders with valid PAN: 10% TDS rate
  • Individual shareholders without PAN/invalid PAN: 20% TDS rate
  • No TDS required if total dividend during FY 2026-27 does not exceed ₹10,000 or if shareholders provide valid Form 12I
  • Resident non-individual shareholders (insurance companies, mutual funds, AIFs, corporations): May qualify for NIL withholding tax rate subject to submission of required documentation and meeting specific conditions under Income Tax Act, 2025

Non-Resident Shareholders

  • Default withholding tax rate: 20% plus applicable surcharge and cess
  • Option to avail benefits under Double Tax Avoidance Agreement (DTAA) if more beneficial
  • Required documents for DTAA benefits: PAN card copy, Tax Residency Certificate valid as of payment date, online Form 4F filing, self-declaration for FY 2026-27
  • FII/FPI shareholders: Tax deducted at 20% plus applicable surcharge and cess, DTAA benefits generally not applicable
  • Tax residents of notified jurisdictional areas: Higher of 30% or applicable rate

Document Submission Requirements

  • All tax-related documents must be submitted to Registrar and Transfer Agent KFin Technologies Limited by July 1, 2026
  • Documents to be uploaded at: https://ris.kfintech.com/clientservices/investors/taxforms.aspx
  • Communications or documents submitted after July 1, 2026 will not be considered for tax computation

Annual General Meeting Details

  • 5th Annual General Meeting scheduled for Tuesday, July 14, 2026 at 11:30 AM IST
  • Meeting to be conducted through Video Conferencing/Other Audio Visual Means
  • Remote e-voting period: July 9, 2026 (9:00 AM) to July 13, 2026 (5:00 PM)
  • Cut-off date for voting eligibility: July 1, 2026
  • E-voting platform provided by KFin Technologies Limited at https://emeetings.kfintech.com
  • EVEN (E-Voting Event Number): 9815

Additional Information

  • Shareholders with multiple accounts under different status categories: Higher applicable tax rate will be applied to entire holding
  • Custodian shareholders may transfer TDS credit to beneficial owners by providing declaration under Rule 203 of Income-tax Rules, 2026 by July 1, 2026
  • Annual Report and AGM notice available on company website: https://dsfcl.com/
  • Physical copies of documents available upon request from shareholders