The Indian Hotels Company Limited has recommended a total dividend of ₹3.25 per equity share for the financial year ended March 31, 2026. This distribution includes a special dividend of ₹0.50 to commemorate the company’s 125th AGM. The payment remains subject to shareholder approval at the upcoming Annual General Meeting. Shareholders must submit necessary tax documentation, including valid PAN details, through the designated portal by June 19, 2026, to ensure appropriate tax deduction.
Dividend Payout Details
The Board of Directors at its meeting held on May 11, 2026, recommended a dividend of ₹3.25 per equity share of face value ₹1 each. This payout, which represents a 325% dividend, incorporates a special component of ₹0.50 per share. This special dividend serves to mark the company’s 125th Annual General Meeting and reflects the exceptional financial gains recorded by the company during the fiscal year.
Shareholder Tax Compliance
In accordance with tax provisions, dividend income is taxable for shareholders. The company is required to deduct tax at source (TDS) based on the residential status and documentation provided by the investor. Resident shareholders with a valid PAN will generally face a 10% TDS, while those without a valid or linked PAN may be subject to a 20% deduction. Non-resident shareholders may opt for Double Taxation Avoidance Agreement (DTAA) rates by submitting required documents, including a Tax Residency Certificate (TRC) and e-filed Form 41.
Submission Guidelines
Shareholders are required to update their tax documentation and relevant records to ensure accurate tax withholding. All necessary forms and declarations, such as Form 121, must be submitted through the designated portal by 11:59 PM (IST) on June 19, 2026. Failure to provide complete documentation by this deadline may result in the company applying the maximum applicable tax rate. Investors are encouraged to verify their PAN-Aadhaar linkage and ensure their KYC status is up to date to facilitate the seamless release of dividend payments.
Source: BSE
