Patels Airtemp Recommends ₹3 Dividend for FY26; TDS Applicable
Patels Airtemp (India) Limited has informed shareholders about the recommended dividend of ₹3.00 per equity share (30%) for the Financial Year 2025-26. This dividend is subject to approval at the upcoming 34th Annual General Meeting (AGM) scheduled for September 14, 2026. The record date for determining eligible shareholders is August 21, 2026. The company also reminded shareholders that dividend payments made on or after April 1, 2020, are taxable in the hands of shareholders as per the Income Tax Act, 1961. Tax Deduction at Source (TDS) will be applicable at prescribed rates based on shareholder status and submitted documentation. Shareholders are urged to update their PAN, KYC, and bank details with their Depository Participants before the record date to ensure timely dividend credit and correct TDS application.
Key Highlights
- Company recommends ₹3.00 per share dividend for FY25-26.
- Dividend subject to shareholder approval at the AGM on Sep 14, 2026.
- Record date for dividend eligibility is August 21, 2026.
- TDS will be deducted on dividend payments as per Income Tax Act.
- Shareholders must update PAN and KYC with Depository Participants.
Price Impact
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