The Board of Directors of Aster DM Healthcare, following their meeting on March 26, 2026, has declared an Interim Dividend of ₹3 per share (face value ₹10 each) for the financial year ending March 31, 2026. The specified Record Date for determining entitlement is Friday, April 3, 2026. The dividend payment will be completed within 30 days from the declaration date, subject to applicable Tax Deducted at Source (TDS).
Outcome of the Board Meeting on March 26, 2026
The Board of Directors of Aster DM Healthcare met on Thursday, March 26, 2026, to review and approve key financial distributions. The primary decision reached by the Board concerning shareholder value was the declaration of an interim dividend for the ongoing financial year.
Interim Dividend Declaration Details
The Board has formally declared an Interim Dividend of ₹3/- per share. The shares have a face value of Rs. 10/- each and are fully paid up. This dividend pertains to the financial year concluding on March 31, 2026.
Key Dates for Dividend Entitlement
For the purpose of establishing shareholder entitlement to this dividend, the designated Record Date is set as Friday, April 3, 2026. Payment of the dividend to eligible shareholders is mandated to occur within a maximum of 30 days from the date of the declaration.
Tax Implications (TDS on Dividend)
In compliance with amendments introduced by the Finance Act 2020, dividend income is taxable in the hands of shareholders effective from April 1, 2020. Consequently, the declared interim dividend will be disbursed only after the deduction of Tax Deducted at Source (‘TDS’), as per the provisions of the Income Tax Act, 1961. Shareholders are strongly urged to submit all necessary documentation by April 06, 2026, to allow the Company to accurately calculate and apply the appropriate TDS rates.
Meeting Schedule Confirmation
The Board Meeting commenced proceedings at 02.00 P.M. (IST) and concluded shortly thereafter at 02:15 P.M. (IST).
Source: BSE
