Aditya Infotech Announces Final Dividend of Rs 1.64 Per Share; AGM Scheduled for August

Aditya Infotech Announces Final Dividend of Rs 1.64 Per Share; AGM Scheduled for August​

Aditya Infotech Limited has declared a final dividend amounting to Rs 1.64 per fully paid-up equity share, recommending it for approval at the upcoming Annual General Meeting (AGM). The company released communication details regarding the dividend and provided comprehensive guidance on Tax Deduction at Source (TDS) procedures for all shareholders.

The Board of Directors held a meeting on Wednesday, May 27, 2026, where the final dividend was recommended for the Financial Year (FY) ended March 31, 2026. The dividend is payable to those shareholders recorded in the Register of Members or Depository records as beneficial owners as of the Record Date.

The company announced that the approved dividend will be distributed among the shareholders within 30 days following the AGM.

Key Dates and Dividend Details​

A summary of the material financial data and dates provided by Aditya Infotech Limited is detailed below:

TDS Guidelines and Shareholder Obligations​

Aditya Infotech Limited communicated the process related to Tax Deduction at Source (TDS) on the final dividend to all registered members. The company outlined specific tax requirements based on shareholder residency status and documentation compliance.

For Resident Shareholders:
Tax deduction is governed by the Income-tax Act, 2025. TDS must be deducted at the rate of 10% if shareholders provide a valid Permanent Account Number (PAN). If no PAN is provided or the PAN is invalid/inoperative, TDS will be deducted at the rate of 20%. Specific exemptions and documentation requirements were provided for resident non-individuals, including insurance companies, mutual funds, Alternative Investment Funds (AIF), and New Pension System (NPS) Trusts.

For Non-Resident Shareholders:
The withholding tax is applicable in accordance with relevant provisions of the Act at a rate of 20% (plus applicable surcharge and cess). Non-resident shareholders have the option to benefit from the Double Tax Avoidance Agreement (DTAA) between India and their country of residence, provided they submit requisite documentation, such as a self-attested copy of the Tax Residency Certificate (TRC) for FY April 1, 2026 to March 31, 2027.

Submission Deadline for Tax Documents​

To ensure the determination of the appropriate TDS or withholding tax rate, shareholders are required to submit all necessary documentation by Friday, July 24, 2026 (cut-off period). The documents can be uploaded through a designated portal link provided by the company. Any submissions received after this cut-off date may not be accepted for tax determination purposes.

The company noted that shareholders who fail to provide the necessary details or documents may face TDS at a higher rate, in which case they retain the option to claim an appropriate refund from the Income-tax Authorities if eligible.

CPPLUS Stock Price Movement​

Aditya Infotech Limited's shares today slipped by 0.2% to settle at ₹3554.60. The stock traded within a range of ₹3485.00 to ₹3612.00, with a total volume of 213,501 shares transacted during the session.