Date: August 12, 2026

Dividend Declaration or Non-Declaration

  • The Board of Directors, at its meeting held on May 29, 2026, recommended a Final Dividend of ₹1.50 per Equity Share of face value ₹10 each for the Financial Year 2025-26.
  • This dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).
  • The dividend is taxable in the hands of shareholders as per the Income-tax Act, 2025, and the company is required to deduct Tax at Source (TDS) at the time of payment.

Other Operational / Legal / Strategic Disclosures

  • This is a comprehensive communication detailing the TDS provisions applicable to the payment of the recommended final dividend for Tax Year (TY) 2026-27.
  • It provides detailed TDS rates and documentation requirements for various categories of shareholders:
  • Resident Shareholders:
  • Resident members with valid PAN: 10% TDS (unless exempt).
  • Resident Individuals: TDS not applicable if aggregate dividend during TY 2026-27 does not exceed ₹10,000.
  • Members submitting Form 121 (for individuals with no tax liability or seniors above 60 with no tax liability): 0% TDS.
  • Members submitting an order under Section 395(1) of the Income Tax Act, 2025 for lower/NIL rate: Rate as per the order.
  • Specific entities like Mutual Funds, Insurance Companies, Alternative Investment Funds (AIFs), NPS Trust, and other exempt entities: 0% TDS, subject to submission of specific self-declarations and documents.
  • Resident shareholders without PAN/Invalid PAN: 20% TDS.
  • Non-Resident Shareholders:
  • Standard rate: 20% (plus applicable surcharge and cess) OR the beneficial Double Taxation Avoidance Agreement (DTAA) rate, whichever is lower, upon submission of required documents (TRC, Form 41, self-declaration).
  • Those submitting a lower/NIL withholding certificate under Section 395(1): Rate as per the order.
  • Tax residents of Notified Jurisdictional Area: 30% TDS.
  • Notified Sovereign Wealth Funds and Pension Funds, including subsidiaries of ADIA: 0% TDS, subject to submission of specific declarations and documents.
  • Shareholders must email all required documents (e.g., Form 121, TRC, SEBI registration certificates) to secretarial@ganeshhousing.com on or before Saturday, August 29, 2026.
  • Physical submissions to the Registrar, MCS Share Transfer Agent Ltd, must be received on or before Monday, August 31, 2026 (the Record Date).
  • Forms received after the deadline, or those incomplete/incorrect, will not be considered for lower or nil deduction.
  • Shareholders are urged to update their PAN, KYC details, email addresses, and bank account information with their Depository Participants (for demat holdings) or with MCS Share Transfer Agent Ltd (for physical holdings) to ensure uninterrupted services and direct credit of dividends, as physical dividend warrants are discontinued effective April 1, 2024, per SEBI circular.
  • The company disclaims responsibility for tax advice, recommending shareholders consult tax professionals.

KMP / Board / Auditor Changes

Not Specified

Board Meeting Outcomes

Not Specified (Beyond the dividend recommendation mentioned elsewhere)

Financial Results (Standalone & Consolidated)

Not Specified

Auditor’s Report

Not Specified

Disinvestment / Strategic Actions

Not Specified