Dividend Recommendation

The Board of Directors of Narayana Hrudayalaya Limited, at its meeting held on May 22, 2026, recommended a dividend of ₹4.50 per equity share (face value of ₹10 each) for the financial year ended March 31, 2026.

Shareholder Approval Requirement

The dividend recommendation is subject to approval by shareholders at the 26th Annual General Meeting (AGM) scheduled to be held on August 14, 2026.

Record Date

July 17, 2026 - Shareholding as on this date will be considered for determining dividend eligibility.

TDS Applicability

The dividend, if approved at the AGM, will be payable subject to deduction of Tax at Source (TDS) in accordance with the provisions of Income Tax Act, 2025 read with the Finance Act, 2026 applicable for financial year 2026-27.

Critical Deadline

Shareholders must submit all required tax documents and declarations by July 24, 2026. No requests or documents will be accepted after this date.

TDS Rates for Resident Shareholders

  • Valid PAN available: 10% TDS on dividend
  • No PAN/invalid PAN: 20% TDS
  • No TDS applicable where dividend ≤ ₹10,000 in a financial year (for resident individuals)
  • No TDS applicable with valid exemption declaration/Form 121 submission (subject to eligibility)

Special Categories for Lower/Nil TDS (Resident Non-Individual)

The following categories may submit prescribed declarations for nil/lower TDS:

  • Insurance companies
  • Mutual Funds
  • Category I/II Alternative Investment Funds (AIFs)
  • New Pension System Trust
  • Government/exempt entities
  • Other notified exempt shareholders

TDS Rates for Non-Resident Shareholders (including FPIs)

  • Default TDS: 20% (plus applicable surcharge and cess)
  • Lower rates may apply with submission of:
  • Valid Tax Residency Certificate (TRC) for FY 2026-27 or calendar years 2026-2027
  • DTAA benefit documents
  • Valid exemption declarations
  • Form 41 and declarations under Rule 217 of Income Tax Rules, 2026

Documentation Submission Methods

Shareholders can submit required documents through:

  • Online portal: https://ris.kfintech.com/clientservices/investors/taxforms.aspx

Key Requirements for Shareholders

Shareholders must ensure the following details are updated:

  • Valid Permanent Account Number (PAN)
  • Residential status (Resident/Non-Resident for FY 2026-27)
  • Category of shareholder
  • Email address
  • Mobile number
  • Bank account details
  • Address with PIN code

Important Notes

  • For multiple accounts under single PAN, the highest applicable tax rate will be applied
  • For joint shareholding, withholding tax rates based on primary beneficial shareholder status
  • Company relies on data shared by KFin Technologies Limited as updated up to record date
  • Incomplete/unsigned forms and declarations will not be considered
  • No revisions to TDS returns will be entertained
  • Shareholders may claim refund of excess tax deducted by filing income tax returns

Disclaimer

The information provided does not constitute legal or tax advice, and investors are advised to consult their own tax consultants for specific tax implications.