Dividend Details

  • Final Dividend: ₹4.50 (45%) per equity share of face value ₹10 each
  • Financial Year: 2025-26
  • Board Meeting Date: May 26, 2026 (where dividend was recommended)
  • Record Date: Friday, September 11, 2026 (for determining shareholder entitlement)
  • AGM Date: Wednesday, September 30, 2026 at 11:00 a.m. IST
  • AGM Venue: I-Think Techno Campus, 8th Floor, B-Wing, Pokhran Road No. 2, Off Eastern Express Highway, Thane (West) - 400 607
  • Payment Timeline: On or after Wednesday, September 30, 2026, within 30 days from shareholder approval

TDS Provisions Overview

Dividend income is taxable under Income-tax Act. TDS governed by Income-tax Act, 2025 and Income-tax Rules, 2026 for tax year 2026-27.

Resident Individual Shareholders

  • TDS rate: 10% of dividend payable (with valid PAN)
  • No TDS required if conditions under section 393(4) and 393(6) of Income-tax Act, 2025 are satisfied:
  • Dividend paid otherwise than in cash and aggregate dividend ≤ ₹10,000 during tax year
  • Eligible resident individual furnishes Form No. 121 under section 393(6) with Rule 211 of Income-tax Rules, 2026
  • Higher TDS rates apply if PAN not furnished or PAN inoperative/invalid (under section 397)

Resident Shareholders Other Than Individuals

  • TDS at applicable rate unless specific statutory exemption applies
  • No TDS required for entities covered under section 393(4), Table: Sl. No. 10:
  • Life Insurance Corporation of India
  • General Insurance Corporation of India and specified companies under General Insurance Business (Nationalisation) Act, 1972
  • Other insurers
  • Business trusts
  • Other notified persons by Central Government
  • Eligible shareholders must furnish self-declaration/supporting documents including PAN and registration evidence

Non-Resident Shareholders

  • TDS generally at 20% plus applicable surcharge and health and education cess
  • DTAA benefits available subject to conditions and documentation:
  • PAN or identification details
  • Valid Tax Residency Certificate (TRC)
  • Form No. 41 for claiming DTAA benefits (replaces Form 10F)
  • Other supporting declarations/documents
  • Lower/nil deduction certificate may be furnished in Form No. 128
  • FII/FPI provisions applied under Income-tax Act, 2025 and applicable Finance Act

Document Submission Requirements

  • Deadline: September 30, 2026 at 5:00 p.m. IST
  • Submit to: tds@bigshareonline.com
  • Queries: Investor portal at http://www.bigshareonline.com/InvestorLogin.aspx
  • Late submissions may not be considered for T rate determination before payment

Shareholder Details Update

  • Physical shares: Submit service requests as per SEBI Master Circular for RTA formats
  • Demat shares: Update PAN, bank details, email, mobile number, nomination, and KYC details with respective Depository Participants

Disclaimer

The communication is for general information only and not tax advice. Shareholders should obtain independent tax advice from professionals.