Radico Khaitan Limited has communicated to shareholders the tax deduction at source (TDS) provisions applicable to the proposed dividend of Rs 9 per equity share for financial year 2025-26. Radico Khaitan Limited filed the communication with BSE and NSE on June 22, 2026.
The board at its meeting on May 6, 2026 recommended a dividend of Rs 9 per share, representing 450% on the face value of Rs 2 each, for FY 2025-26. The dividend is subject to shareholder approval at the annual general meeting scheduled for August 7, 2026.
The record date for determining eligible shareholders is July 24, 2026. The dividend, if approved, will be paid to members whose names appear in the register of members or depository records as beneficial owners on the close of business on that date.
Radico Khaitan Limited outlined that TDS will be deducted at 10% for resident individual shareholders with a valid PAN, provided the aggregate dividend during tax year 2026-27 exceeds Rs 10,000. Shareholders without a valid PAN or with a PAN not linked to Aadhaar will face a 20% TDS rate.
Non-resident shareholders are subject to a 20% TDS rate plus applicable surcharge and cess. These shareholders may claim benefits under applicable Double Tax Avoidance Agreements by submitting a tax residency certificate, a Form 41 declaration, and other prescribed documents to Radico Khaitan Limited.
Shareholders must submit the required documents by July 24, 2026 to enable processing at applicable TDS rates. Radico Khaitan Limited stated it will issue TDS certificates via email after dividend payment.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.