
Dividend11 Jun 2026, 09:09 am
Divi's Labs Recommends ₹30 Dividend for FY26
AI Summary
Divi's Laboratories Limited's Board of Directors has recommended a dividend of ₹30 per fully paid-up Equity Share (1,500%) for the Financial Year ended March 31, 2026. This dividend, if approved by shareholders at the 36th AGM on August 10, 2026, will be distributed on or after August 14, 2026. The record date for eligibility is July 24, 2026. The company has also communicated details regarding Tax Deducted at Source (TDS) on dividends to shareholders, outlining rates and documentation requirements for exemption or lower deduction for both resident and non-resident shareholders.
Key Highlights
- Board recommends ₹30 per share dividend for FY26.
- Dividend approval pending at the 36th AGM on August 10, 2026.
- Distribution expected on or after August 14, 2026.
- Record date set for July 24, 2026.
- TDS implications and exemption procedures detailed for shareholders.
Price Impact
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