Brigade Enterprises Recommends ₹2 Dividend; Tax Rules Detailed
Brigade Enterprises Ltd has communicated to its shareholders regarding the deduction of tax at source (TDS) on the final dividend for the financial year ended March 31, 2026. The Board of Directors recommended a final dividend of ₹2 per equity share, subject to shareholder approval at the upcoming Thirty First Annual General Meeting on August 13, 2026. The record date for determining dividend eligibility is August 5, 2026. The communication outlines TDS provisions for resident and non-resident shareholders, including specific requirements for resident individuals and non-individual entities like insurance companies and mutual funds to provide declarations and documentation to potentially reduce or avoid TDS.
Key Highlights
- Final dividend of ₹2 per equity share recommended for FY26.
- Record date for dividend eligibility set as August 5, 2026.
- Shareholders must submit TDS declarations by August 5, 2026.
- TDS rates vary based on PAN availability and shareholder status.
- Specific declarations required from non-individual resident shareholders.
Price Impact
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