Hindustan Aeronautics Limited to Hold 63rd Annual General Meeting; Details on Dividend Tax Payment Issued
Hindustan Aeronautics Limited (HAL) announced the details regarding its upcoming 63rd Annual General Meeting (AGM), set for Friday, August 28, 2026. The company also provided detailed information concerning the taxation of dividends under the Income Tax Act, 2025, along with necessary compliance instructions for its members.The AGM is scheduled to be held on Friday, August 28, 2026, at 1530 Hours. In relation to this event, a newspaper advertisement was published on August 5, 2026, across several prominent editions including 'The Economic Times', 'Vijaya Karnataka', 'Rajasthan Patrika', and 'Dainik Bhaskar'. The notice includes details pertaining to e-voting information and the record date for the final dividend.
Tax Deducted at Source (TDS) Requirements
Members were informed regarding the mandate of Tax Deducted at Source (TDS) concerning dividends, which must be deducted at the time of payment unless exempted, as per the Income Tax Act, 2025 ("Act"). Since the TDS and withholding tax rates vary between resident and non-resident members, shareholders are advised to ensure their residential status is updated in their demat account should there have been any change.To facilitate the Company's determination of the appropriate TDS/withholding tax rate applicability and to verify necessary documents for exemption, members are requested to upload all requisite documents through the specified portal on or before the Record Date, August 14, 2026. The company stated that no communication regarding tax determination or deduction will be entertained after this deadline.
Key details related to the dividend process and AGM are summarized below:
| Event Detail | Information |
|---|---|
| Event | 63rd Annual General Meeting (AGM) |
| AGM Date & Time | Friday, August 28, 2026, at 1530 Hours |
| Dividend Record Date | August 14, 2026 |
| TDS Compliance Action | Upload documents via specified portal on or before the Record Date. |
HAL Stock Price Movement
Shares of Hindustan Aeronautics Limited are shedding value as of 2:52 PM, currently standing at ₹4630.3 after dipping by 0.1% in live trading. The equity has seen brisk activity during the session, with a total traded volume reaching 454,800 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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