Dividend4 Sept 2026, 04:40 pm
Prince Pipes Recommends 10% Final Dividend for FY26
AI Summary
Prince Pipes and Fittings Ltd has communicated details regarding Tax Deducted at Source (TDS) on its final dividend for the Financial Year 2025-26. The Board of Directors recommended a dividend of 10% per equity share, amounting to ₹1/- per share, subject to shareholder approval at the upcoming AGM on September 16, 2026. The company will deduct TDS at applicable rates on the dividend, with an exemption for resident individuals whose total dividend income for Tax Year 2026-27 does not exceed ₹10,000. Specific TDS rates and documentation requirements are outlined for various shareholder categories, including residents with and without PAN, and non-residents.
Key Highlights
- Prince Pipes recommends a 10% final dividend for FY26.
- Dividend payment is subject to shareholder approval at the AGM.
- TDS will be deducted on dividend payments as per tax laws.
- Exemption from TDS available for resident individuals below ₹10,000 dividend income.
- Detailed TDS rates and documentation provided for different shareholder types.
Price Impact
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