Brigade Enterprises Recommends Final Dividend of Rs 2 Per Share For FY 2025-26; Shareholders Advised on TDS Compliance

Brigade Enterprises Recommends Final Dividend of Rs 2 Per Share For FY 2025-26; Shareholders Advised on TDS Compliance​

Brigade Enterprises Limited announced the recommendation of a final dividend for its shareholders, setting forth key dates and outlining requirements related to tax deduction at source (TDS). The Board of Directors recommended the distribution of a Final Dividend amounting to Rs 2 per equity share.

The recommendation was made during a meeting held on May 6, 2026, concerning the financial year 2025-26. The dividend is subject to approval by shareholders at the upcoming Thirty First Annual General Meeting, scheduled for Thursday, August 13, 2026.

Key dates communicated to investors include:

• Record date for determining shareholder eligibility: Wednesday, August 5, 2026.
• Nomination of nominal value per share: The equity shares have a nominal value of Rs 10/-.

Tax Deduction at Source (TDS) Requirements​

The company noted that dividend declared and paid is taxable in the hands of shareholders, requiring the deduction of tax at source by the company as per relevant provisions. Shareholders were informed regarding various TDS requirements depending on their residency status and account type.

The communication provided specific guidance for both Resident and Non-Resident Shareholders concerning applicable tax rates and necessary documentation. For example, resident individual shareholders who do not exceed an aggregate dividend amount of Rs 10,000/- during the tax year may be eligible for no TDS deduction.

Non-resident shareholders were informed that TDS will be deducted or withheld at a rate of 20% (plus applicable Surcharge and Health and Education Cess) on the amount of dividend payable. Non-residents who wish to avail benefits under the Double Tax Avoidance Treaty (DTAA) must furnish specific documentation, including a self-attested Tax Residency Certificate (TRC).

Dividend Payment and Operational Changes​

Brigade Enterprises confirmed that all dividend payments moving forward will be processed exclusively through electronic modes such as NEFT, RTGS, NECS or other RBI approved facilities. This change is in line with recent amendments concerning the payment of dividends. Consequently, physical dividend warrants and cheques have been discontinued. Shareholders are advised to ensure their bank account details are updated and verified promptly for timely credit.

BRIGADE Stock Price Movement​

Shares of Brigade Enterprises Limited today slipped by 0.82% to settle at ₹563.8 following market activity. The stock traded a volume of 285,807 shares during the session.