StockWatch
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Edible Oil
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.