StockWatch
·
Consumer Electronics
Dividend5 Sept 2026, 01:30 pm

PG Electroplast Recommends ₹0.25 Dividend; TDS Details Issued

AI Summary

PG Electroplast Ltd announced its Board of Directors has recommended a final dividend of ₹0.25 per equity share for the Financial Year ended March 31, 2026. The dividend, if approved at the AGM, will be paid by October 28, 2026, to shareholders of record on September 18, 2026. The company has also provided details regarding Tax Deduction at Source (TDS) applicable to resident shareholders, including rates of 10% with PAN and 20% without PAN for individuals and HUFs, and NIL for specific entities like insurance companies and mutual funds upon submission of required declarations and documents. Shareholders can claim exemption from TDS by submitting Form 121.

Key Highlights

  • Board recommends final dividend of ₹0.25 per share for FY26.
  • Record date set for September 18, 2026; payment by October 28, 2026.
  • TDS rates of 10% (with PAN) and 20% (without PAN) apply to resident individuals.
  • Exemption from TDS possible via Form 121 submission.
  • Specific entities like insurance companies and mutual funds may have NIL TDS.