StockWatch
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Pharmaceuticals
Dividend24 Aug 2026, 03:06 pm

Haleos Labs Recommends ₹1.50 Dividend; Outlines Tax Deductions

AI Summary

Haleos Labs Ltd has announced its Board of Directors has recommended a dividend of ₹1.50 per equity share (15%) for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming 20th AGM. The company also informed shareholders about the tax implications, including Tax Deducted at Source (TDS), as per the Income Tax Act 2025. Shareholders are required to submit necessary declarations and update their PAN, address, and residential status by September 25, 2026, to ensure correct withholding tax application. Communications will primarily be via registered email, and shareholders are urged to register their email IDs.

Key Highlights

  • Board recommends ₹1.50 dividend per share for FY26.
  • Dividend subject to shareholder approval at the AGM.
  • TDS will be deducted on dividends as per Income Tax Act.
  • Shareholders must submit declarations by September 25, 2026.
  • Company encourages email registration for prompt communication.