VA Tech Wabag Recommends ₹5 Dividend; TDS Rules Apply
VA Tech Wabag Ltd has announced its Board of Directors has recommended a final dividend of ₹5.00 per equity share (250%) for FY 2025-26. This dividend is subject to shareholder approval at the 31st Annual General Meeting scheduled for August 12, 2026. The dividend income is taxable in the hands of shareholders effective April 1, 2020, as per the Income-Tax Act. The company is providing detailed communication to shareholders regarding TDS procedures and documentation for claiming exemptions. Shareholders are requested to submit necessary documents by July 20, 2026, to avoid issues with TDS computation. Payment of dividend to physical shareholders will be electronic, requiring PAN, KYC, and bank details.
Key Highlights
- VA Tech Wabag recommends a final dividend of ₹5 per share for FY 2025-26.
- Dividend income is taxable for shareholders effective April 1, 2020.
- Shareholders must submit documents for TDS exemptions by July 20, 2026.
- Physical shareholders need to provide PAN, KYC, and bank details for electronic payment.
- AGM to approve dividend is scheduled for August 12, 2026.
Price Impact
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