StockWatch
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Aerospace & Defense
Dividend17 Jul 2026, 04:04 pm

HAL Recommends ₹10 Dividend for FY26; Tax Exemption Deadline August 14

AI Summary

Hindustan Aeronautics Ltd (HAL) has announced a final dividend of ₹10 per equity share (200%) for the Financial Year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. The company also informed shareholders that dividend income is taxable and tax will be deducted at source. Shareholders seeking tax exemption must submit relevant documents to KFin Technologies Limited by August 14, 2026. Declarations for tax assessment in the hands of a third party must be submitted to HAL by the same date. Fresh tax documents are required for each dividend event to claim benefits.

Key Highlights

  • HAL recommends a final dividend of ₹10 per share for FY26.
  • Dividend payment is subject to shareholder approval at the AGM.
  • Tax exemption documents must be submitted by August 14, 2026.
  • Shareholders must submit fresh tax documents for each dividend event.