StockWatch
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Iron & Steel
Dividend23 Jul 2026, 01:00 pm

Kalyani Steels: ₹10 Dividend for FY26, TDS Rules Detailed

AI Summary

Kalyani Steels Limited has communicated to its shareholders regarding Tax Deduction at Source (TDS) on the recommended Final Dividend of ₹10 per equity share (200%) for FY 2025-26. The dividend is subject to shareholder approval at the 53rd AGM on August 27, 2026. The payout date is September 4, 2026, with a record date of July 31, 2026. The company detailed TDS provisions, including a 10% rate for resident individuals with valid PAN and 20% for those without or with invalid PANs. A dividend amount up to ₹10,000 for the tax year 2026-27 is exempt from TDS for resident individuals. Shareholders must update bank details for electronic dividend credit.

Key Highlights

  • Kalyani Steels recommends ₹10 per share final dividend for FY26.
  • Dividend subject to shareholder approval at the AGM on August 27, 2026.
  • TDS rates detailed: 10% with valid PAN, 20% without.
  • Dividend up to ₹10,000 exempt from TDS for resident individuals.
  • Shareholders must update bank details for electronic dividend payment.