Dividend19 May 2026, 03:33 pm
Indian Hotels Recommends ₹3.25 Dividend for FY26
AI Summary
Indian Hotels Company Ltd has recommended a dividend of ₹3.25 per equity share (325%) for the financial year ended March 31, 2026, including a special dividend of ₹0.50 per share to commemorate the 125th AGM. The dividend payment is subject to shareholder approval at the upcoming AGM in 2026. The company has communicated tax deduction at source (TDS) provisions to shareholders, as per the Income Tax Act, 2025, amended by the Finance Act, 2026, which mandates taxability of dividends in the hands of shareholders.
Key Highlights
- Indian Hotels recommends a ₹3.25 dividend per share for FY26.
- Dividend includes a special ₹0.50 dividend to mark the 125th AGM.
- Dividend is subject to shareholder approval at the 2026 AGM.
- TDS will be deducted as per Income Tax Act, 2025, as amended.
- Communication on TDS provisions sent to shareholders with registered email IDs.
Price Impact
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