StockWatch
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Electrodes & Refractories
Dividend1 Jul 2026, 08:20 pm

IFGL Refractories Recommends Final Dividend of ₹2.15/Share

AI Summary

IFGL Refractories Limited has announced its Board of Directors recommended a final dividend of ₹2.15 per equity share (21.50%) for the Financial Year 2025-26. This dividend is subject to shareholder approval at the 19th Annual General Meeting (AGM) scheduled for August 5, 2026. The company also detailed the Tax Deducted at Source (TDS) provisions applicable to resident and non-resident shareholders, outlining different rates and documentation requirements based on shareholder categories and residential status. The communication aims to inform shareholders about the TDS implications on the dividend payout.

Key Highlights

  • Final dividend of ₹2.15 per share recommended for FY 2025-26.
  • Dividend subject to shareholder approval at the AGM on August 5, 2026.
  • TDS rates and documentation requirements for resident shareholders detailed.
  • TDS provisions for non-resident shareholders also outlined.
  • Communication sent to shareholders with registered email addresses.