StockWatch
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Pharmaceuticals
Dividend17 Aug 2026, 03:55 pm

Shilpa Medicare Recommends ₹0.60 Dividend; Sets Record Date

AI Summary

Shilpa Medicare Limited announced its Board of Directors has recommended a final dividend of ₹0.60 per equity share for the financial year ended March 31, 2026. The record date for determining shareholder entitlement is September 4, 2026. The dividend, subject to shareholder approval at the AGM on September 11, 2026, will be paid within 30 days of the AGM. The company also informed shareholders about the mandatory deduction of tax at source (TDS) on dividends as per the Indian Income Tax Act, 2025. Shareholders are urged to update their PAN, residential status, and other details to ensure correct TDS application.

Key Highlights

  • Board recommends final dividend of ₹0.60 per equity share.
  • Record date set for September 4, 2026.
  • AGM scheduled for September 11, 2026.
  • TDS will be deducted on dividend payments.
  • Shareholders must update PAN and other details.