
Dividend9 Nov 2026, 04:28 pm
Premier Energies Ltd: Interim Dividend of ₹0.50/share Approved
AI Summary
Premier Energies Ltd announced an interim dividend of ₹0.50 per equity share (50%) for FY 2026-27, approved at a Board Meeting on November 4th, 2026. The record date is November 11, 2026. Dividends are taxable, and the company will deduct Tax Deducted at Source (TDS) based on shareholder residential status and provided documentation. Shareholders are urged to update their PAN and bank details with KFintech or Depositories to ensure timely payment and correct TDS application. Resident individuals receiving less than ₹10,000 in total dividends for FY 2026-27 will not have TDS deducted, but this threshold applies to the aggregate dividend amount.
Key Highlights
- Interim dividend of ₹0.50 per share declared for FY 2026-27.
- Record date set for November 11, 2026.
- TDS will be deducted on dividends based on shareholder status.
- Shareholders must update PAN and bank details.
- TDS exemption for resident individuals up to ₹10,000 dividend.
Price Impact
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