Date: July 21, 2026

Dividend Declaration

  • Board recommended final dividend of ₹1 (One Rupee only) per equity share of face value ₹10 each for financial year ended March 31, 2026
  • Dividend subject to approval of shareholders at 30th Annual General Meeting scheduled for August 11, 2026
  • Record date fixed for dividend entitlement: Friday, July 24, 2026

TDS Procedures and Requirements

For Resident Shareholders

  • TDS deducted at 10% under Section 393(1) where valid PAN is registered
  • TDS deducted at 20% under Section 397(2) for specified persons, inoperative PAN, or no PAN
  • No TDS if aggregate dividend during financial year does not exceed ₹10,000 for resident individuals
  • Exemptions available for: Insurance companies, Mutual Funds, Alternative Investment Funds (Category I/II), New Pension System Trust, Business Trusts, Government/RBI, and other exempt entities upon submission of required declarations
  • Form 121 can be submitted for NIL/lower deduction

For Non-Resident Shareholders (including FPIs)

  • TDS withheld at 20% plus applicable surcharge and cess under Section 393(2)
  • DTAA benefits available upon submission of: Tax Residence Certificate (TRC), Form 41, PAN copy (if allotted), and various self-declarations
  • Specific rates for certain entities: Notified Jurisdictional Area residents (30%), Sovereign Wealth Funds and Pension Funds (NIL), Category I FPIs (10% with valid PAN)
  • Subsidiary of Abu Dhabi Investment Authority (ADIA) eligible for NIL deduction

Important Deadlines

  • Record date: July 24, 2026
  • Last date to submit tax declaration documents: August 5, 2026

Document Submission Methods

  • Online via weblink: https://ris.kfintech.com/form15/default.aspx
  • Email to: einward.ris@kfintech.com from registered email address

Additional Requirements

  • PAN-Aadhaar linkage mandatory - non-linked PAN considered inoperative with 20% TDS
  • For multiple accounts under single PAN, highest applicable rate applied to entire holding
  • For joint shareholding, rates based on primary beneficial shareholder status
  • Company relies on data from KFin Technologies Limited (RTA) and depositories as of record date

Key Contacts and References

  • Registrar and Share Transfer Agent: KFin Technologies Limited
  • Email for queries: einward.ris@kfintech.com
  • Multiple declaration forms available for download including Form 121, ISR-1, and various self-declaration formats

Disclaimer

  • Communication not constitutes legal or tax advice
  • Shareholders advised to consult independent tax professionals
  • Company not obligated to revise TDS returns after filing
  • Shareholders responsible for any income tax demands arising from misrepresentation