Tribhovandas Bhimji Zaveri (TBZ) — Board Meeting

📢 Key Event
Board recommends Rs. 2.50 dividend per share for FY2026

🔄 What Changed
Rs. 2.50 dividend per share recommended for FY2026

🔮 What's Next
Dividend payment scheduled for September 2, 2026 after AGM approval

💡 Investor Takeaway
Shareholders must submit tax documents by August 31 to avoid higher TDS on dividend income.

The Board of Tribhovandas Bhimji Zaveri Limited recommended a Rs. 2.50 per share dividend (25% on Rs. 10 face value) for FY2026, subject to shareholder approval at the September 9, 2026 AGM, with payment scheduled for September 2, 2026 after deducting tax at source as per the Income Tax Act, 2025. Resident shareholders face a 10% TDS rate (20% without valid PAN), while non-residents are subject to 20% TDS unless treaty benefits apply, requiring submission of documents by August 31, 2026 to avoid higher withholding.

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About Tribhovandas Bhimji Zaveri Limited (TBZ)

Consumer Durables · Diamond, Gems and Jewellery · Listed on NSE

Market Cap: ₹2,783 Cr P/E: 13.0 ROE: 32.5% ROCE: 26.3% Div Yield: 0.54%

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

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