The Phoenix Mills (PHOENIXLTD) — Corporate Action

📢 Key Event
Final dividend of Rs. 2.50 per share recommended for FY2026

🔄 What Changed
Dividend amount of Rs. 2.50 per share declared for FY2026

🔮 What's Next
Dividend to be paid within 30 days of AGM approval

💡 Investor Takeaway
Shareholders must ensure PAN and KYC details are updated to avoid TDS deductions on dividend payments.

The Phoenix Mills announced a final dividend of Rs. 2.50 per share (125% of Rs. 2 face value) for FY2026, payable within 30 days of AGM approval. Shareholders must update PAN, residential status, and bank details with their RTA or depository to avoid TDS at source under the Income Tax Act 2025. Resident individuals with dividend income below Rs. 10,000 face no TDS; others require PAN verification. Non-resident shareholders face 20% TDS unless treaty benefits apply with proper documentation.

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About The Phoenix Mills Limited (PHOENIXLTD)

Realty · Realty · Listed on NSE

Market Cap: ₹67,406.29 Cr P/E: 52.7 ROE: 15.6% ROCE: 16.6% Div Yield: 0.13%

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🔥 Also filed on 13 August 2026

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

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