Mazagon Dock Shipbuilders has announced an interim dividend of ₹6 per equity share (face value of ₹5) for the financial year 2025-26. The board approved the dividend on October 27, 2025. The record date for determining shareholders’ eligibility is November 4, 2025. Dividend payment will be completed on or before November 26, 2025. Information regarding Tax Deduction at Source (TDS) on dividend payouts has also been released.
Interim Dividend Announcement
Mazagon Dock Shipbuilders Limited has declared an interim dividend for the financial year 2025-26. The decision was made during the Board of Directors meeting held on October 27, 2025.
Dividend Details
The company announced an interim dividend of ₹6 per equity share. This dividend applies to shares with a face value of ₹5 each, fully paid up. This payout is specifically for the financial year 2025-26.
Record Date and Payment
The company has set Tuesday, November 4, 2025, as the record date. This date will determine the shareholders who are eligible to receive the interim dividend. The payment of the dividend is scheduled to be completed on or before November 26, 2025.
Tax Deduction Information
An update regarding Tax Deduction at Source (TDS) on dividend payouts has also been provided for shareholders’ information. This information is available on the company’s website. Generally, no TDS will be deducted if the total dividend to be received by a resident individual during the financial year 2025-26 does not exceed Rs. 10000.
Tax Implications
Tax is normally required to be withheld at the rate of 20% (plus applicable surcharge and cess) under Section 195 or 196D, as the case may be of the IT Act subject to beneficial provisions of the relevant Double Tax Avoidance Agreement (“DTAA/Treaty”). The rate of tax deducted at source will vary depending on the residential status of the shareholder.
Required Documentation
Shareholders are requested to submit self-attested copies of required documents to Alankit Assignment Limited (Registrar & Share Transfer Agents) by email to [email protected] or to the Company at email id [email protected] by Tuesday, 04 Nov 2025.
Source: BSE
