
Mafatlal Industries Recommends Final Dividend of ₹1.25 Per Share
Mafatlal Industries Limited announced that its Board of Directors has recommended a final dividend of ₹1.25 per equity share for the Financial Year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming 112th Annual General Meeting (AGM) scheduled for August 7, 2026. The record date for determining dividend entitlement is July 31, 2026. The company also reminded shareholders that dividend income is taxable in their hands from April 1, 2020, and Tax Deducted at Source (TDS) will be applied at prescribed rates based on residential status and documentation provided. Various TDS rates and required documents for different shareholder categories are detailed in the communication.
Key Highlights
- Board recommends final dividend of ₹1.25 per equity share.
- Dividend subject to shareholder approval at the 112th AGM.
- Record date for dividend entitlement is July 31, 2026.
- Dividend income is taxable in shareholders' hands.
- TDS will be deducted at applicable rates.
Price Impact
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