Mahindra Lifespace Developers Limited (MAHLIFE) — Corporate Action

📢 Key Event
Dividend declared at Rs 3.50 per share, subject to AGM approval on 23 July 2026

🔄 What Changed
TDS rates updated for residents and non-residents; new documentation deadlines imposed

🔮 What's Next
AGM scheduled for 23 July 2026 to finalize dividend; TDS compliance requirements remain in effect

💡 Investor Takeaway
Shareholders must update PAN and residency details by 4 July 2026 to avoid higher TDS and ensure dividend eligibility

Mahindra Lifespace Developers announced a Rs 3.50 per share dividend for FY 2025-26, subject to shareholder approval at the AGM on 23 July 2026, with TDS deducted at source based on residency status and documentation. Eligible shareholders must ensure PAN, residential status, and category details are updated in demat records by 4 July 2026 to qualify, as the register closes on 3 July. Non-residents face a 20% TDS plus surcharge and cess, while residents without PAN face 20% TDS. The company mandates submission of tax forms and declarations by 26 June 2026 to claim exemptions, with no revisions accepted post-deadline. Investors must proactively update records via depositories or RTA to avoid higher deductions and retain eligibility.

📄 View Original Announcement (PDF)

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