
Dividend18 Aug 2026, 12:39 pm
Patanjali Foods: Intimation on Dividend TDS Process
AI Summary
Patanjali Foods Ltd has issued a communication to its shareholders regarding the Tax Deduction at Source (TDS) process for interim dividends declared. This follows the Board's declaration of a 3rd Interim Dividend of ₹1.50 per equity share for FY25-26 and a 1st Interim Dividend of ₹0.80 per equity share for FY26-27. The communication details the withholding tax procedures, emphasizing the need for updated shareholder information like PAN, residential status, and bank mandates. For resident shareholders, TDS is generally 10% unless exempt, with a mandatory valid PAN. Non-compliance or absence of PAN may lead to higher deduction rates. The record date for these dividends is August 21, 2026.
Key Highlights
- Shareholders informed about TDS process for interim dividends.
- Record date for dividends is August 21, 2026.
- Valid PAN is mandatory for resident shareholders.
- Higher TDS rates apply if PAN is missing or incorrect.
- Shareholder details must be updated for accurate tax compliance.
Price Impact
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