StockWatch
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Breweries & Distilleries
Dividend21 Jul 2026, 06:50 pm

United Breweries: Dividend Tax Rules Change for FY26

AI Summary

United Breweries Ltd has informed its members about changes in dividend taxation for the financial year 2025-26. The Dividend Distribution Tax has been abolished, making dividend income taxable in the hands of shareholders. The company has recommended a dividend of ₹10 per equity share, subject to member approval at the AGM on August 12, 2026. A record date of August 07, 2026, has been set. Shareholders are instructed to submit tax exemption forms and supporting documents by August 05, 2026, via a provided link to manage Tax Deducted at Source (TDS) on dividends.

Key Highlights

  • Dividend Distribution Tax abolished; income now taxable for shareholders.
  • Recommended dividend of ₹10 per equity share for FY26.
  • AGM scheduled for August 12, 2026, to approve dividend.
  • Record date set for August 07, 2026.
  • Shareholders must submit tax documents by August 05, 2026.