Date: June 30, 2026

Dividend Declaration

  • Board recommended final dividend @3,750% i.e. ₹75 per equity share (face value ₹2 each) for FY ended March 31, 2026 at meeting held on May 5, 2026
  • Dividend subject to approval at ensuing Annual General Meeting
  • Record Date: July 24, 2026
  • Payment to be made within 30 days of declaration

TDS Compliance Requirements

For Resident Shareholders:

  • TDS @10% if valid PAN submitted under Section 393(1) (Table: Sl. No. 7) read with section 393(4) (Table: Sl. No. 10) of Income-tax Act, 2025
  • Higher TDS @20% under Section 397 if no valid PAN or PAN not linked with Aadhaar

Resident Individual Shareholders:

  • No TDS if aggregate dividend during TY 2026-27 does not exceed ₹10,000
  • Form 121 (replaces erstwhile Forms 15G/15H) must be submitted for exemption
  • PAN must be linked with Aadhaar as per Section 262(6) of Act read with Rule 162 of Rules

Resident Non-Individual Shareholders (Exempt Categories):

  • Insurance Companies: Self-declaration with PAN and IRDA registration
  • Mutual Funds: Self-declaration under Schedule VII (Table: Sl. No. 20/21) with SEBI registration
  • Alternative Investment Funds: Self-declaration for Category I/II AIFs with SEBI registration
  • NPS Trust: Self-declaration under Section 393(9)
  • Corporations under Central Act: Self-declaration with supporting documents

Non-Resident Shareholders:

  • FPIs/FIIs: TDS @20% plus surcharge and cess under Section 393(2) (Table Sl. No. 15)
  • Specified Funds: TDS @10% plus surcharge and cess under Section 393(2) (Table Sl. No. 16)
  • DTAA benefits available with valid TRC, Form 41, and self-declaration
  • Sovereign Wealth Funds/Pension Funds: Exempt under Schedule V (Table: Sl. No. 7) with proper documentation
  • Abu Dhabi Investment Authority subsidiaries: Special declaration requirements

Procedural Requirements

  • All documents must be uploaded with RTA (KFin Technologies Limited) at https://ris.kfintech.com/form15/ by July 18, 2026
  • Non-resident shareholders may submit through custodians registered with NSDL for tax services
  • Company TAN: DELH00028A for lower/NIL withholding certificates
  • TDS certificates will be emailed to registered email IDs

Payment Mode

  • All dividend payments will be made only through electronic mode (no payable-at-par warrants/cheques)
  • Shareholders must update bank account details, email IDs, mobile numbers, and signature specimens with Depository Participants or RTA
  • Failure to update KYC details will result in dividend withholding

Additional Campaign

  • Shareholders encouraged to participate in 'Saksham Niveshak' campaign (April 1, 2026 to July 9, 2026) for KYC updation and unclaimed dividend resolution

Forms Available for Download

  • Form 121 for resident individuals
  • Self-declaration forms for resident non-individuals
  • Self-declaration for DTAA applicability
  • Declaration under Rule 203(2) for TDS credit transfer
  • Special declarations for Sovereign Wealth Funds, Pension Funds, ADIA subsidiaries, AIF Category III, and Category I FPIs

Key Dates

  • Record date: July 24, 2026
  • Document submission deadline: July 18, 2026
  • AGM date: Not specified (ensuing meeting)