Navin Fluorine International Limited has announced a final dividend of ₹8.60 per equity share for the financial year ended March 31, 2026. As required by law, the company will deduct tax at source (TDS) on this dividend. Shareholders are advised to ensure their PAN details are updated and submit necessary documentation regarding their tax residential status by June 12, 2026, to ensure the correct application of tax rates.
Dividend Distribution Details
The Board of Directors has recommended a final dividend of ₹8.60 per equity share (face value ₹2 each) for the financial year 2025-26. The payment of this dividend is subject to approval by shareholders at the forthcoming 28th Annual General Meeting. The payment is scheduled to be distributed on or after August 13, 2026, to shareholders holding shares as of the record date, June 12, 2026.
Tax Deduction Guidelines
In accordance with tax laws, the company is required to deduct tax at source (TDS) on the dividend amount. The rate of TDS depends on the residential status of the shareholder and the specific documentation provided. Resident shareholders are generally subject to a 10% deduction, while non-resident shareholders may be eligible for lower rates under applicable tax treaties upon submission of valid documentation.
Action Required from Shareholders
To ensure appropriate tax treatment, shareholders must ensure their PAN is updated with the company’s registrar or their depository participant. Additionally, shareholders claiming exemptions or treaty benefits must upload the required self-declarations and certificates, such as Form 10F or Tax Residency Certificates, to the registrar’s portal or via email by June 12, 2026. Failure to provide complete documentation by this deadline will result in the deduction of tax at the higher applicable rates.
Source: BSE
