ICICI Bank Limited (ICICIBANK) — Board Meeting

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📢 Key Event
Board recommends ₹12 final dividend for FY2025-26 payable post-AGM approval

🔄 What Changed
Dividend amount finalized and TDS documentation requirements clarified

🔮 What's Next
Dividend payment contingent on AGM approval and shareholder document submission by August 3, 2026

💡 Investor Takeaway
Shareholders must submit updated tax documents by August 3 to avoid higher TDS on dividend payments

ICICI Bank announced a final dividend of ₹12 per share (600% of ₹2 face value) for FY2025-26, payable after August 3, 2026, subject to shareholder approval at the August 21 AGM. The dividend will be paid post-TDS deduction as per the Income Tax Act, with rates varying by shareholder residency and documentation. Resident shareholders face 10% TDS (or 20% without valid PAN/Aadhaar linkage), while non-residents are subject to 10-20% depending on treaty status. Shareholders must submit updated PAN, tax residency certificates, and bank details by August 3, 2026, to avoid higher withholding. The bank mandates electronic dividend payments and requires updated KYC details to comply with SEBI regulations.

📄 View Original Announcement (PDF)

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