StockWatch
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Packaged Foods
Dividend14 Jul 2026, 10:20 pm

Adf Foods Recommends Final Dividend of ₹0.60 per Share

AI Summary

Adf Foods Ltd announced its board has recommended a final dividend of ₹0.60 per equity share for the Financial Year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming AGM on August 12, 2026. The dividend will be paid within 30 days from declaration to shareholders on record as of August 5, 2026. The company also detailed tax implications, stating that Tax at Source (TDS) will be deducted on dividend payments as per the Income Tax Act, 2025. Resident individuals with aggregate dividends not exceeding ₹10,000 will be exempt, provided PAN is registered. Non-individuals may also be exempt upon submission of specific declarations. Shareholders are advised to update KYC details for electronic dividend payments.

Key Highlights

  • Board recommends final dividend of ₹0.60 per share for FY26.
  • Dividend subject to shareholder approval at the AGM on August 12, 2026.
  • Record date for dividend is August 5, 2026.
  • TDS will be deducted on dividend payments as per Income Tax Act.
  • KYC updates are required for electronic dividend disbursement.