Pilani Investment and Industries Corporation Limited (PILANIINVS) — Board Meeting

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📢 Key Event
Board recommends 90% dividend of Rs. 9 per share for FY2025-26, pending AGM approval.

🔄 What Changed
Dividend rate of 90% (Rs. 9/share) recommended for FY2025-26, replacing prior period's unspecified rate.

🔮 What's Next
Dividend payment contingent on shareholder approval at AGM; TDS documentation must be submitted by July 3, 2026.

💡 Investor Takeaway
Shareholders must submit required tax forms by July 3 to avoid higher TDS rates and ensure dividend receipt.

Pilani Investment and Industries Corporation Limited announced a 90% dividend of Rs. 9 per share for FY2025-26, subject to shareholder approval at the upcoming AGM. The filing details TDS obligations under the Income Tax Act, 2025, including 10% withholding for resident shareholders with valid PAN, 20% for non-PAN holders, and 20% plus surcharge for non-residents, with procedures for PAN-Aadhaar linking and exemption documentation. Shareholders must submit tax-related forms and declarations by July 3, 2026, to ensure correct TDS rates and dividend credit.

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About Pilani Investment and Industries Corporation Limited (PILANIINVS)

Financial Services · Finance · Listed on NSE

Market Cap: ₹4,932.69 Cr P/E: 31.8

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

Pilani Investment and Industries Corporation Limited (PILANIINVS) — Board Meeting

About Pilani Investment and Industries Corporation Limited (PILANIINVS)

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