GAIL (India) Limited has announced its intention to consider an interim dividend for the financial year 2025-26, with a board meeting scheduled for January 31, 2026. The record date for determining eligible shareholders is set for February 5, 2026. The dividend payout is subject to tax deductions at source (TDS), with rates varying based on the shareholder’s residency, category, and provided documentation. Tax rates can be reduced according to submitted documents.
Interim Dividend Consideration
GAIL (India) Limited will convene a Board of Directors meeting on January 31, 2026, to consider the declaration of an interim dividend for the financial year 2025-26. If approved, the dividend will be disbursed to eligible shareholders within 30 days of approval.
Record Date
The record date to determine shareholders eligible for the interim dividend has been fixed as February 5, 2026. Investors holding shares on this date will be entitled to receive the dividend payout, subject to Board approval.
Tax Deduction at Source (TDS)
Dividend payments are subject to Tax Deduction at Source (TDS) as per the Income Tax Act, 1961, amended by the Finance Act, 2020. The applicable TDS rate will vary based on the residential status and category of the shareholder. Resident shareholders with a valid PAN can have TDS deducted at a rate of 10%, provided their aggregate dividend income exceeds Rs. 10,000 for the financial year. Without a valid PAN, TDS will be deducted at 20%.
Required Documentation
Shareholders must submit requisite documents/declarations between January 27, 2026, and February 6, 2026, to avail applicable TDS rates. Non-resident shareholders are required to submit additional documents such as a Tax Residency Certificate (TRC) and Form 10F to claim benefits under applicable tax treaties. The documents must be sent to [email protected] and they are subject to company acceptance. Full list of acceptable document exemptions are on the company website.
Electronic Payments Only
Dividend payments will be made exclusively through electronic modes. Shareholders must ensure their bank account details, including IFSC and KYC information, are updated with their Depository Participant for shares held in dematerialized form, or with the Company’s Registrar for physical shares.
Source: BSE
