United Breweries Limited (UBL) has issued a regulatory communication regarding tax deduction procedures for its proposed dividend for the financial year 2025-26.
The Board of Directors recommended a dividend of ₹10 per equity share (face value ₹1 each) at its meeting held on May 05, 2026. This dividend recommendation is subject to approval by members at the ensuing 27th Annual General Meeting scheduled to be held on August 12, 2026.
The Company has fixed August 07, 2026, as the Record Date for determining eligibility of members to receive the dividend.
Pursuant to the Finance Act 2025, Dividend Distribution Tax has been abolished, and dividend income is now taxable in the hands of the members (shareholders).
The communication includes detailed instructions on tax deduction at source (TDS) procedures and provides a link to download comprehensive taxation notes. Shareholders are required to submit tax exemption forms and supporting documents through the specified online portal (https://ipostatus.integratedregistry.in/TaxExemptionRegistration.aspx) on or before Wednesday, August 05, 2026.
This communication has been sent to all members whose email IDs are registered with the Company/Depositories and is also available on the Company's website at www.unitedbreweries.com.