Communication to Shareholders - Intimation on Tax Deduction on Dividend
PIRAMALFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Piramal Finance Limited has announced its 42nd Annual General Meeting scheduled for 2nd July 2026. The company has fixed 12th June 2026 as the Record Date for determining shareholders eligible for the final dividend. The Board has recommended a final dividend of Rs. 11 per equity share with face value of Rs. 2 each, representing a 550% dividend payout on face value. The dividend is subject to Tax Deduction at Source (TDS) and will be paid only if approved at the AGM.
This is a routine dividend announcement indicating continued shareholder returns. The 550% payout on face value represents a healthy dividend, but investors should note the record date of 12th June 2026 to ensure eligibility.