
Dividend30 Jun 2026, 05:10 pm
Indusind Bank Recommends Final Dividend of ₹1.50 per Share
AI Summary
Indusind Bank Ltd has announced its Board of Directors has recommended a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for August 2026. The bank has also provided detailed information regarding the tax deduction at source (TDS) applicable to dividend income, as per the Income Tax Act, 2025. Shareholders are advised on the process for tax exemptions and the last date for submitting relevant forms, which is July 6, 2026. The dividend, if approved, will be paid in electronic form to shareholders on record as of June 26, 2026.
Key Highlights
- Board recommends final dividend of ₹1.50 per share for FY26.
- Dividend subject to shareholder approval at the August 2026 AGM.
- Detailed tax deduction at source (TDS) information provided.
- Shareholders must submit tax exemption forms by July 6, 2026.
- Dividend payment will be electronic for shareholders of record June 26, 2026.
Price Impact
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