Bharat Forge Limited has informed the Exchange about General Updates
BHARATFORG · price
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Awaiting price reaction for this filing.
Bharat Forge has declared an interim dividend of Rs. 2 per equity share (100% on face value of Rs. 2) for FY 2025-26, announced by the Board on February 12, 2026. The filing is primarily a follow-up communication explaining the Tax Deduction at Source (TDS) process to shareholders. TDS will apply at 10% for resident shareholders with valid PAN, 20% without PAN, and 20% (plus surcharge/cess) or DTAA rate for non-residents. Shareholders must submit required forms (15G/15H, PAN, TRC, etc.) by February 18, 2026, which is also the record date. The company has reminded shareholders to update bank account details for electronic dividend credit, as physical warrants are no longer permitted.
Shareholders eligible for the dividend should ensure PAN, bank details, and tax exemption forms are submitted before February 18, 2026, to avoid higher TDS deduction. The dividend of Rs. 2 per share represents a modest payout; investors should check the current stock price to assess yield relevance. No material change to fundamentals — this is a routine procedural filing post-dividend declaration.