Announced Mon, 22 Jun · 19:25 IST
Mahindra Lifespace announces Rs 3.50 dividend for FY26, TDS details for shareholders
Corporate Actions View source PDF
MAHLIFE · price
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AI summary
Mahindra Lifespace Developers has informed shareholders about its Rs 3.50 per share dividend (35 percent on face value of Rs 10) for FY ending March 2026, recommended by the Board on 28 April 2026. Payment is subject to AGM approval on 23 July 2026. Record date is 3 July 2026. TDS at 10 percent will apply for residents with valid PAN and 20 percent without. Non-residents face 20 percent plus surcharge. Shareholders must submit tax exemption forms by 26 June 2026.
Likely market impact
Confirms FY26 dividend; shareholders should update PAN and submit tax exemption forms by 26 June 2026 to avoid higher TDS deduction.