M&M · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahindra & Mahindra has announced a recommended dividend of Rs. 33 per equity share (660% on a Rs 5 face value) for FY 2025-26, subject to shareholder approval at the 80th AGM on 30th July 2026. The company will deduct TDS on dividend payments under the Income Tax Act 2025. For resident shareholders with valid PAN, TDS is 10%; without PAN or invalid PAN, it rises to 20%. Non-resident shareholders face 20% withholding tax plus surcharge and cess, though DTAA benefits may apply with proper documentation. Key deadlines: documents for tax exemption must be submitted by 26th June 2026; the record date is 3rd July 2026; register closes from 4th July to 30th July 2026.
Shareholders should submit required tax documents by 26th June 2026 to avoid higher TDS deductions. Once approved at the AGM, the dividend will be paid after 30th July 2026.