
Protean eGov Recommends 100% Final Dividend for FY26
Protean eGov Technologies Ltd announced that its Board of Directors has recommended a final dividend of 100%, or ₹10 per equity share, for the financial year ended March 31, 2026. The company has fixed August 28, 2026, as the record date for determining shareholder entitlement. The dividend payment is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The communication also details the Tax Deduction at Source (TDS) provisions applicable to resident and non-resident shareholders, with rates varying based on residential status and documentation provided. For resident shareholders, the standard TDS rate is 10%, but it increases to 20% if PAN is invalid or not linked with Aadhaar. A lower or nil TDS rate may apply if a certificate under Section 197 of the Income Tax Act is provided. For resident individual shareholders receiving dividends not exceeding ₹10,000 in a financial year, no TDS will be deducted.
Key Highlights
- Board recommends final dividend of 100% (₹10 per share) for FY 2025-26.
- Record date set for August 28, 2026, for dividend entitlement.
- TDS of 10% applicable for resident shareholders; 20% for invalid PAN.
- Nil TDS possible with valid documentation or for dividends under ₹10,000.
- Dividend payment subject to shareholder approval at the upcoming AGM.
Price Impact
More from PROTEAN