EXIDEINDBSEExide Industries LtdMinimalNeutral
Announced Sat, 30 May · 15:19 IST

Please find enclosed newspaper publication w.r.t 79th AGM of the Company and Intimation of Tax Deduction on Dividend.

EXIDEIND · price

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Price reaction · full curve 14 horizons · vs prior close
+4.5%1-day move
₹388.65
prior close
₹390.45
base price
After-mkt
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AI summary

Exide Industries Limited has announced that its 79th Annual General Meeting will be held on Friday, 10th July 2026 at 10:30 AM IST through Video Conferencing/Other Audio Visual Means. The record date for determining shareholders eligible for final dividend is Friday, 03rd July 2026. Remote e-voting will be available from 07th July 2026 (9:00 AM) to 09th July 2026 (5:00 PM). The company will deduct TDS on dividend payments as per the Income Tax Act, 2025, effective from 1st April 2026, with rates varying based on shareholder residential status, PAN validity, tax treaty benefits, and submitted documentation. SEBI has mandated that dividends to physical shareholders be paid only through electronic mode, requiring updated KYC details including PAN, bank account details, and nomination.

Likely market impact

Shareholders should ensure their bank account details and KYC are updated with the RTA or Depository Participant before the record date to receive dividends. Physical shareholders without updated KYC will have their dividend withheld. The TDS deduction on dividends will reduce the actual dividend amount received depending on individual tax status.