
Dividend17 Jul 2026, 08:01 pm
Lumax Auto Technologies Recommends ₹5.50 Dividend for FY26
AI Summary
Lumax Auto Technologies Ltd has announced its Board of Directors has recommended a dividend of ₹5.50 per equity share (275%) for the Financial Year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming 45th Annual General Meeting (AGM) scheduled for August 26, 2026. The dividend will be payable to shareholders of record as of August 6, 2026. The company also provided detailed information regarding Tax Deduction at Source (TDS) on dividends, outlining varying rates based on shareholder residency and status, and the required documentation for lower or nil tax deductions. Shareholders are advised to submit necessary documents by August 3, 2026.
Key Highlights
- Board recommends ₹5.50 dividend per share for FY26.
- Dividend subject to shareholder approval at AGM on August 26, 2026.
- Record date for dividend eligibility is August 6, 2026.
- Detailed TDS implications and documentation requirements provided.
- Shareholders must submit documents by August 3, 2026.
Price Impact
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