Patanjali Foods Limited has announced a 2nd Interim Dividend of Rs. 1.75 per equity share (face value of Rs. 2) for the Financial Year 2025-26. The dividend is payable to shareholders as of the record date, April 25, 2026. The company has provided comprehensive guidelines regarding Tax Deduction at Source (TDS) requirements for both resident and non-resident shareholders to ensure accurate tax processing.
Interim Dividend Details
The Board of Directors of Patanjali Foods Limited declared a 2nd Interim Dividend of Rs. 1.75 per share, representing 87.5% of the face value. This follows the 1st Interim Dividend of the same amount already paid during the previous fiscal period. Shareholders holding shares as of the close of business on April 25, 2026, will be entitled to receive this payout.
Tax Deduction Guidelines
In compliance with current income tax provisions, the company is required to withhold taxes on the distributed dividend. The deduction rate varies based on the residential status of the shareholder:
- Resident Shareholders: Generally subject to 10% TDS. A valid PAN is mandatory; in its absence, a higher rate of 20% will apply.
- Non-Resident Shareholders: Subject to 20% TDS (plus applicable surcharge and cess), unless they are eligible for a lower rate under a Double Taxation Avoidance Agreement (DTAA).
Action Required for Shareholders
To ensure the appropriate tax rate is applied, all shareholders must verify that their PAN, residential status, and bank mandates are updated in their demat accounts. Eligible entities (such as Insurance Companies, Mutual Funds, or those with lower/NIL tax certificates) must submit the necessary self-declarations and documentation to the Registrar and Share Transfer Agent, Sarthak Global Limited, no later than April 25, 2026. Failure to provide valid documentation will result in the default application of higher tax rates.
Source: BSE
