Bharat Forge Recommends Final Dividend of ₹6.5/share for FY26
Bharat Forge Ltd has communicated to its shareholders regarding the Tax Deducted at Source (TDS) on the recommended Final Dividend of ₹6.5 per equity share (325%) for the Financial Year 2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for August 11, 2026. The dividend payout date is set for August 14, 2026, with a record date of July 03, 2026. The company has detailed the TDS provisions as per the Income Tax Act, 2025, including rates for resident shareholders (10% with valid PAN, 20% without/invalid PAN) and exemptions for dividends not exceeding ₹10,000 or with Form 121 submission. Shareholders are urged to update their bank details and PAN for seamless dividend credit and accurate TDS deduction.
Key Highlights
- Bharat Forge recommends a final dividend of ₹6.5 per share for FY25-26.
- AGM to approve dividend on August 11, 2026; payout on August 14, 2026.
- TDS applicable on dividend income as per Income Tax Act.
- Resident shareholders face 10% TDS with valid PAN, 20% otherwise.
- Shareholders must update bank details and PAN by July 3, 2026.
Price Impact
More from BHARATFORG