Key Quantitative Figures

  • Recommended final dividend: 100% or ₹2.00 per equity share of face value ₹2 each
  • Record date for dividend entitlement: Friday, July 17, 2026
  • TDS exemption threshold for resident individuals: ₹10,000 total dividend during tax year 2026-27
  • Shareholding threshold for Form 121 requirement: 5,000 equity shares (since dividend is ₹2 per share)
  • Company TAN: RTKD15207D

Dates of Action

  • Board meeting date: May 19, 2026 (dividend recommendation)
  • Record date: July 17, 2026
  • Last date to submit tax documents: July 27, 2026
  • 41st Annual General Meeting: August 3, 2026 (dividend approval)
  • Dividend payment: After AGM approval during financial year 2026-27

Parties Involved

  • Dhanuka Agritech Limited (declaring company)
  • Shareholders (resident and non-resident)
  • Registrar and Transfer Agent: Abhipra Capital Ltd.
  • Depositories
  • Income Tax Department
  • Reserve Bank of India (electronic payment approval)
  • Securities and Exchange Board of India (regulatory reference)

TDS Procedures for Resident Shareholders

  • Default TDS rate: 10% on dividend amount
  • Higher TDS rate: 20% if PAN not provided or PAN deemed invalid/inoperative due to non-linking with Aadhaar
  • Exemptions:
  • Dividend amount below ₹10,000 annually
  • Submission of valid Form 121 (for individuals, including those aged 60+)
  • Specific entities providing required declarations: Insurance Companies, Mutual Funds, Alternative Investment Funds (Category I/II), NPS Trust
  • Exemption certificates from Income-tax Department

TDS Procedures for Non-Resident Shareholders

  • Default TDS rate: 20% plus applicable surcharge and cess
  • Potential lower rates: As per applicable Double Tax Avoidance Agreement (DTAA)
  • Required documents for DTAA benefits:
  • Self-attested PAN copy
  • Tax Residency Certificate (FY 2026-27 or Calendar Year 2026)
  • Form 41 in electronic format
  • SEBI registration certificate (for FIIs/FPIs)
  • Additional documentation for Singapore tax residents regarding Article 24 limitation

Payment Method

Dividend will be paid only by electronic modes approved by Reserve Bank of India, as mandated by SEBI Listing Regulations.

Shareholder Actions Required

  • Update PAN, contact details, bank account details, and specimen signature with RTA (Abhipra Capital Ltd.)
  • Submit required tax documents by July 27, 2026
  • Resident shareholders email to: investors@dhanuka.com
  • Non-resident shareholders email to: [not specified in document]
  • Download forms from company website: https://www.dhanuka.com/tds-on-final-dividend

Important Considerations

  • The company will rely on information available with depositories/RTA as of July 27, 2026 for TDS determination
  • Shareholders with multiple accounts under single PAN will have highest applicable TDS rate applied to entire holding
  • No surcharge or cess applicable if DTAA rates are applied
  • Shareholders remain responsible for any misrepresentation in provided documents
  • TDS certificates will be dispatched to shareholders after payment
  • TDS information available in Form 168 on Income Tax portal after company files TDS return

Disclaimer

The communication is not tax advice, and shareholders should consult tax professionals. The company bears no liability for TDS deducted.