Dividend21 Jul 2026, 09:30 pm
Fortis Healthcare Recommends ₹1 Dividend; TDS Rules Apply
AI Summary
Fortis Healthcare Ltd has announced a recommended final dividend of ₹1 per equity share for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming AGM on August 11, 2026. The dividend payment will be subject to Tax Deducted at Source (TDS) as per the Income Tax Act, 2025. Shareholders are urged to update their details, including PAN and residential status, by July 24, 2026 (Record Date) to ensure correct TDS application. Those seeking exemption or lower tax deduction must submit necessary declarations by August 5, 2026, via the provided web link or email.
Key Highlights
- Fortis Healthcare recommends a final dividend of ₹1 per share.
- Dividend subject to shareholder approval at the AGM on August 11, 2026.
- TDS will be applicable on dividend payments as per Income Tax Act.
- Shareholders must update details by July 24, 2026 (Record Date).
- Declarations for tax exemption/lower deduction due by August 5, 2026.
Price Impact
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