StockWatch
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Hotels & Resorts
Dividend6 Jun 2026, 05:30 pm

EIH Ltd Recommends ₹1.50 Dividend, Outlines Tax Rules

AI Summary

EIH Ltd announced that its Board of Directors has recommended a dividend of ₹1.50 per equity share for the Financial Year ended March 31, 2026. The company has also provided detailed information to shareholders regarding the process and documentation required for claiming tax exemption on dividend, in compliance with SEBI regulations. Shareholders are advised to update their details like PAN, residential status, and category with their depository participants to ensure correct Tax Deducted at Source (TDS) application. The communication clarifies TDS rates for resident and non-resident shareholders and specifies required forms and declarations for nil or lower tax deductions.

Key Highlights

  • EIH Ltd recommends ₹1.50 per equity share dividend for FY26.
  • Shareholders need to provide updated details for TDS compliance.
  • Detailed tax exemption process and documentation outlined.
  • TDS rates vary based on residential status and shareholder category.
  • Information available on the company website and via email.