Dividend Details

The Board of Directors at its meeting held on May 15, 2026, recommended a Final Dividend of ₹2.50 per equity share (25%) of face value ₹10 each for FY 2025-26. This is subject to approval by shareholders at the 31st Annual General Meeting scheduled for September 18, 2026.

Key Dates

  • AGM Date: September 18, 2026 (Friday)
  • Record Date: September 11, 2026 (Friday)
  • Dividend Payout Date: On or before October 17, 2026
  • Last Date for Tax Document Submission: September 11, 2026 (Friday)

The dividend will be payable to members whose names appear in the Register of Members/Register of Beneficial Owners as of the record date. Payment will be made within 30 days from declaration date exclusively through electronic mode.

TDS Provisions

As per Income Tax Act, 2025, dividend is taxable in shareholders' hands, and the company is required to deduct TDS at prescribed rates:

For Resident Shareholders

  • 10% TDS for shareholders with valid PAN registered
  • 20% TDS for those without PAN/invalid PAN/PAN not linked with Aadhaar
  • No TDS if total dividend during Tax Year 2026-27 does not exceed ₹10,000 for resident individuals
  • Exemption available for specific entities (Insurance Companies, Mutual Funds, AIFs, NPS Trust) upon submission of required documentation

For Non-Resident Shareholders

  • 20% TDS (plus applicable surcharge and cess) under domestic tax law
  • 10% TDS for 'specified funds' under Schedule VI [Note 1(g)] of IT Act 2025
  • Option to avail DTAA benefits upon submission of PAN, TRC, Form 41, and declaration of treaty eligibility

Documentation Requirements

Shareholders must submit relevant tax forms (Form 121 for resident individuals, Form 41 for non-residents seeking DTAA benefits, and other declarations) through the RTA portal https://web.in.mpms.mufg.com/formsreg/submission-of-Form-121-41.html by September 11, 2026. No communications will be accepted after this date.

KYC and Bank Details Update

Shareholders must ensure their bank account details are updated with Depository Participants/RTA for electronic dividend payment. KYC documents can be uploaded on RTA website: https://web.in.mpms.mufg.com/KYC/index.html

Email Registration

Members are requested to update their email IDs with Depository Participants/RTA for receiving company communications.

Additional Information

  • RTA: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Email for queries: investor.helpdesk@in.mpms.mufg.com
  • Tax credit can be viewed in Form 168 on TRACES portal or Income Tax e-filing website
  • The company disclaims liability for taxes deducted

Disclaimer

The communication is not exhaustive tax advice, and shareholders should consult their tax advisors. This is not advice from the company or its affiliates or RTA.