Date: 4th July, 2026 (Communication sent to shareholders on 3rd July, 2026)
Dividend Declaration
- Board of Directors recommended a dividend of ₹10 (100%) per equity share (face value ₹10) for FY ended March 31, 2026 at meeting held on 28th May, 2026.
- Dividend payment is subject to approval at the 46th Annual General Meeting (AGM).
- Dividend will be paid within 30 days from declaration date to equity shareholders as on record date.
TDS Compliance Requirements
Shareholder Documentation Deadline: August 17, 2026
All shareholders must update the following details through their depository participant (dematerialized shares) or with Registrar and Transfer Agent (physical shares):
- Residential status (Resident/Non-Resident) for FY 2026-27
- Valid Permanent Account Number (PAN)
- Aadhaar number (for individual shareholders)
- Category of shareholders (from specified list including Mutual Funds, Insurance Companies, AIFs, FPIs, Individuals, HUF, etc.)
- Email ID, Address, Contact number, Bank account details
TDS Rates and Conditions
Resident Shareholders:
- 0% TDS if aggregate dividend during tax year 2026-27 does not exceed ₹10,000 for individuals
- 10% TDS for other resident shareholders with valid PAN
- 20% TDS if valid PAN not provided or PAN not linked with Aadhaar
- Form No. 121 (replacing Forms 15G/15H) required for nil/lower deduction
Non-Resident Shareholders:
- Default withholding rate: 20% plus applicable surcharge and cess
- DTAA benefits available with submission of:
- PAN card (if allotted)
- Valid Tax Residency Certificate (TRC) for 2026-27
- Electronically filed Form 41
- Self-declaration of treaty eligibility
- SEBI registration certificate (for FIIs/FPIs)
Special Categories with Nil/Lower TDS:
- Insurance Companies: Declaration under Section 393(4) with registration certificate and PAN
- Mutual Funds: Declaration under Schedule VII with registration documents and PAN
- AIFs (Category I/II): Declaration of exemption under Schedule V with registration documents
- New Pension System Trust: Declaration with supporting documentary evidence
- Recognized Provident/Superannuation/Gratuity Funds: Self-declaration with PAN and CIT approval
- Government, RBI, certain corporations: No TDS required under Section 393(5)
General Provisions:
- Lower withholding certificates under Section 395 accepted for both resident and non-resident shareholders
- All documents must be uploaded to KFin Technologies Limited at https://ris.kfintech.com/form15 by August 17, 2026
- TDS certificates will be emailed to registered email IDs post dividend payment
- TDS amount will reflect in Form 168 (formerly Form 26AS) on Income Tax Portal
Dividend Payment Method:
- Electronic payment only for all shareholders
- Physical shareholders must submit PAN, nomination (optional), contact details, bank account details, and specimen signature
- Shareholders must update bank account details in demat accounts or physical folios for direct credit
Key Dates and Contacts
- Record Date: To be announced
- AGM Date: To be announced
- Registrar & Transfer Agent: KFin Technologies Limited
- Company Website: www.dfpcl.com
- Investor Grievance Email: investorgrievance@dfpcl.com