Industrial & Prudential Recommends ₹120 Dividend; TDS Info Released

Industrial & Prudential Investment Company Ltd has announced its Board of Directors has recommended a final dividend of ₹120 per equity share for FY 2025-26. This dividend, if approved at the AGM on August 20, 2026, will be paid after August 21, 2026. The company has also released communication regarding Tax Deducted at Source (TDS) on this dividend, as per the Income-tax Act, 2025. Shareholders are advised to update their details like PAN, residential status, and email address by the record date, August 12, 2026, to ensure correct TDS application. Failure to provide a valid PAN may result in a higher TDS rate of 20%.