Hindalco Industries Limited (HINDALCO) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
Hindalco recommends Rs 5 dividend per share for FY2025-26, pending AGM approval.
🔄 What Changed
Dividend recommendation of Rs 5 per share for FY2025-26; TDS compliance deadline set for June 30, 2026.
🔮 What's Next
Submit required documents by June 30, 2026, to determine applicable TDS rate.
💡 Investor Takeaway
Submit PAN and forms by June 30 to avoid 20% TDS on dividends.

Hindalco announced a recommended dividend of Rs 5 per share for FY2025-26, subject to AGM approval, with tax deducted at source applicable from payment. Shareholders must submit PAN, Form 121, or tax residency documents by June 30, 2026, to avoid 20% TDS. Resident individuals with dividend income below ₹10,000 are exempt. Non-residents may claim treaty rates with valid documentation. The company mandates updated shareholder details for dividend processing.

📄 View Original Announcement (PDF)

About Hindalco Industries Limited (HINDALCO)

Metals & Mining · Non - Ferrous Metals · Listed on NSE

Market Cap: ₹2,39,891.43 Cr P/E: 14.7 ROE: 13.0% ROCE: 13.4%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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