Indian Railway Catering And Tourism Corporation Limited (IRCTC) — Board Meeting | 12 February 2026(2 announcements)

IRCTC's Board declared a ₹3.50 per share second interim dividend for FY 2025-26 on February 12, 2026, with record date February 20, 2026. Dividend will be paid within 30 days after TDS deduction. Resident shareholders face 10% TDS (or 20% without valid PAN), with exemptions for mutual funds, insurers, and AIFs upon documentation. Non-resident shareholders face 20% TDS unless they provide tax treaty benefits documentation. Shareholders must submit required forms by February 20, 2026 to optimize tax treatment.

IRCTC's Board approved Q3 FY2025-26 financial results and declared a 2nd interim dividend of ₹3.50 per share (175% on ₹2 face value) with record date February 20, 2026. The company reported ₹1,670.58 lakhs in exceptional income from train charge reductions and provision reversals. Key risks include pending litigation over ₹5,041.44 lakhs GST anti-profiteering allegations, unrecognized license fee claims across multiple High Courts, and ₹327.34 lakhs GST input tax dispute. A ₹7,471.55 lakhs arbitration award was favorably resolved by Supreme Court in July 2025 with no financial impact.