
Dividend15 Jun 2026, 09:30 pm
LIC Final Dividend ₹10/share for FY26; AGM July 27
AI Summary
Life Insurance Corporation of India (LIC) announced a final dividend of ₹10 per equity share for FY 2025-26, subject to member approval at the AGM on July 27, 2026. The dividend will be paid by August 25, 2026. The company also detailed the Tax Deducted at Source (TDS) process for dividend payments, outlining rates and documentation requirements for various shareholder categories as per the Income Tax Act, 2025. Resident individuals receiving up to ₹10,000 dividend may be exempt from TDS under certain conditions.
Key Highlights
- LIC recommends final dividend of ₹10 per share for FY26.
- Dividend payment expected by August 25, 2026.
- AGM to approve dividend on July 27, 2026.
- TDS rates and documentation requirements detailed for shareholders.
- Resident individuals may get TDS exemption up to ₹10,000 dividend.
Price Impact
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