Hitachi Energy India Recommends ₹8 Dividend; Sets Record Date

Hitachi Energy India Limited's Board of Directors has recommended a final dividend of ₹8.00 per equity share (400%) for the financial year ended March 31, 2026. The record date for determining eligible shareholders is August 21, 2026. This dividend is subject to shareholder approval at the Annual General Meeting on August 28, 2026. The company also provided details on tax implications, stating that dividend income is taxable in the hands of shareholders. Tax deduction at source (TDS) will be applicable at prescribed rates, varying by shareholder status, with specific documentation required by August 14, 2026, to ensure compliance. A threshold of ₹10,000 for resident individual shareholders exempts them from TDS.