Company Disclosure

Dividend Declaration Details

The Board of Directors at its meeting held on May 6, 2026 recommended:

  • Final dividend: 5% i.e. ₹0.25 per equity share
  • Special dividend: ₹0.15 per equity share
  • Total dividend: ₹0.40 per equity share of face value ₹5
  • Record date: September 22, 2026
  • Dividend payment subject to shareholder approval at ensuing Annual General Meeting

TDS Requirements under Income Tax Act 2025

Dividend income is taxable in shareholders' hands, requiring TDS deduction by the company at time of payment.

For Resident Shareholders

  • TDS rate: 10% for shareholders with valid PAN
  • TDS rate: 20% for shareholders without PAN/invalid PAN/PAN not linked with Aadhaar
  • No TDS deduction if total dividend during Tax Year 2026-27 does not exceed ₹10,000
  • Form 121 required for exemption if dividend exceeds ₹10,000 (applicable for holdings above 25,000 shares)

Resident Non-Individual Categories Exempt from TDS

  • Insurance Companies: Required to provide self-declaration as insurer under Insurance Act 1938, PAN copy, and IRDA/LIC/GIC registration
  • Mutual Funds: Required to provide SEBI registration declaration and PAN copy
  • Alternative Investment Funds (AIF): Category I or II AIFs with SEBI registration and exemption under Schedule V
  • Business Trusts (ReIT/InVIT): Beneficial ownership declaration and PAN copy
  • Other non-individuals: Documentary evidence supporting exemption with PAN copy

For Non-Resident Shareholders

  • Domestic tax law: 20% withholding tax plus applicable surcharge and cess
  • DTAA benefits available if more beneficial: Requires PAN copy, Tax Residency Certificate for 2026-27, Form 41 from income tax portal, and treaty eligibility declaration
  • GDR holders: 10% TDS if PAN provided, 20% if no PAN

Document Submission Requirements

  • Deadline: September 21, 2026 (cut-off period)
  • Submission to: Bigshare Services Private Limited (RTA) at Office No. S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Andheri (E), Mumbai - 400093 or email to cs@kpgroup.co and tds@bigshareonline.com
  • Forms available at: www.kpigreenenergy.com and www.bigshareonline.com

Additional Provisions

  • PAN-Aadhaar linkage mandatory under Section 262 of Income Tax Act - non-linked PAN considered invalid attracting 20% TDS
  • Rule 203 declaration required if dividend income assessable in hands of person other than deductee
  • Multiple accounts under single PAN: Highest applicable tax rate applied to entire holding
  • Dividend payment only through electronic mode as per SEBI notification dated November 18, 2025
  • Shareholders must update bank details with Depository Participants for demat holdings or with RTA for physical holdings

Financial Impact

Dividend payment of ₹0.40 per share subject to TDS deduction at applicable rates. Exact financial impact varies based on shareholder category and documentation provided.