Jyothy Labs has announced a final dividend of ₹3.50 per equity share, representing a 350% dividend on the face value of ₹1 per share, for the financial year 2025-26. This decision was made during the Board of Directors meeting held on 4 May 2026. The dividend will be payable upon approval at the upcoming 35th Annual General Meeting, with the record date to be announced later.
In compliance with the SEBI master circular dated 7 May 2024, shareholders are required to provide their PAN, KYC details, and nomination information to ensure uninterrupted service requests and dividend credits. The company has emphasised that dividends will not be issued via physical warrants post 1 April 2024.
The company also outlined the tax deduction at source (TDS) applicable on the dividend payments, which will vary based on the shareholder’s residential status and the documents submitted. A standard TDS rate of 10% will apply to resident shareholders, with exemptions available under certain conditions, such as dividend income not exceeding ₹10,000 in the fiscal year 2026-27.
For shareholders eligible for a nil or lower tax rate, Jyothy Labs has provided links to download the necessary forms and declarations on its website. This includes Form 121 for eligible individuals and specific declarations for entities like insurance companies, mutual funds, and alternative investment funds.
The company has also communicated the requirement for shareholders to update their PAN details with depositories and the company’s Registrar and Share Transfer Agent, MUFG Intime India Private Limited, to avoid higher TDS rates.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).