Final Dividend 2025-26

 

The Board of Directors of the Company, at the Meeting held on 15th May, 2026, recommended Final Dividend of ₹ 1/- per Equity Share of ₹ 1/- each for the financial year ended 31st March, 2026, subject to declaration of the same by the Members at the ensuing 3rd Annual General Meeting of the Company. Such Dividend, if declared, will be paid between Monday, 10th August, 2026 and Friday, 14th August, 2026 to those Members entitled thereto.

 

The Record Date for the purpose of determining entitlement of the Members for payment of the Final Dividend has been fixed as Thursday, 21st May, 2026.

 

 

Deduction of tax at source from the Final Dividend for the financial year 2025-26

 

Pursuant to the provisions of the Income-tax Act, 2025, dividend income is taxable in the hands of the shareholders and the Company is required to deduct tax at source (TDS), as applicable, from the dividend amount payable to shareholders.

 

This communication is to inform shareholders about the applicable provisions relating to deduction of TDS on dividend and related matters.

 

I. Resident Shareholders.  

 

1. No TDS shall be deducted from dividend payable to:  

 

· Individual Shareholders (a) if the amount of dividend payable by the Company during the Tax Year, in aggregate, does not exceed  10,000/-, or (b) their income is below the taxable limit and a declaration is received by the Company in Form 121. 

 

Click here to download Form 121

 

· Insurance Companies, Mutual Funds, domestic Alternative Investment Funds and other non-individual resident shareholders, subject to receipt of required documents from them by the Company. 

 

Click here to download / view documents

 

2. TDS shall be deducted from dividend: 

 

· @ 10% where a valid Permanent Account Number (‘PAN’), linked to Aadhaar, has been furnished to the Depository Participant (in case shares are held in dematerialised form) or to KFIN Technologies Limited, Registrar and Share Transfer Agent of the Company (‘RTA’) (in case shares are held in certificate form). 

 

· @ 20% where a valid PAN has not been furnished.

 

 

II. Non-Resident Shareholders

 

1. Non-resident shareholders may avail the benefit of tax treaty rate subject to eligibility under the applicable tax treaty and receipt of required documents by the Company.

 

Click here to download / view documents

 

2. TDS shall be deducted from dividend @ 20% plus applicable surcharge and health & education cess or the applicable tax treaty, whichever is lower. 

 

III. General instructions / information 

 

1. The Shareholders may send Form 121 or the Forms & Documents for availing the benefit of tax treaty rate to RTA on or before 20^th July, 2026 at einward.ris@kfintech.com or they may upload these documents at the RTA portal https://ris.kfintech.com/clientservices/investors/taxforms.aspx .

 

The aforesaid forms or documents, if found to be incomplete or received after 20^th July, 2026, shall not be considered. 

 

2. No claim shall lie against the Company in respect of any taxes deducted at source in accordance with the applicable law.

 

3. Where the dividend income as on the Record Date, i.e. 21^st May, 2026, is assessable to tax in the hands of a person other than the registered shareholder, such as where shares are held by a clearing member, broker etc. on behalf of the actual beneficial owner, the registered shareholder shall furnish to the Company, on or before 20^th July, 2026, a declaration in accordance with Rule 203 of the Income-tax Rules, 2026, providing details of the person to whom credit for TDS is to be given. No request in this regard shall be considered after 20^th July, 2026.

 

Click here to download the declaration

 

In case of any queries, please contact Registrar and Transfer Agent of the Company at:

 

KFin Technologies Limited
Unit: ITC Hotels Limited
Selenium Building, Tower-B, Plot No 31 & 32
Financial District, Nanakramguda, Serilingampally
Rangareddi, Hyderabad- 500 032, Telangana, India
Toll Free No.: 18003094001, E-mail: einward.ris@kfintech.com, Website: www.kfintech.com

Pursuant to the Scheme of Arrangement amongst ITC Limited (‘ITC’) and ITC Hotels Limited (‘ITCHL’) and their respective shareholders and creditors (‘Scheme’) sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench, shareholders holding ordinary shares of ITC as on the Record Date, i.e., 6^th January, 2025, were allotted equity shares of ITCHL in accordance with the share entitlement ratio stated in the Scheme, i.e., for every 10 ordinary shares of ₹ 1/- each held in ITC, 1 equity share of ₹ 1/- of ITCHL.

 

In terms of the Scheme, the fractional entitlements of the eligible shareholders of ITC were consolidated, and the equity shares of ITCHL were allotted in lieu of the said fractional entitlements; these equity shares were sold in the open market through stock exchanges. The net proceeds of the shares were thereafter distributed to the eligible shareholders of ITC, after deductions of applicable taxes and expenses, in proportion to their respective fractional entitlements.  Details of the same may be accessed at Click here.

 

In case of any request / query / grievance, the Shareholders may contact Registrar and Transfer Agent at Click here.

The Members, whose shares were transferred to IEPF, may claim their share(s) from the IEPF Authority as per the procedure prescribed under the IEPF Rules by submitting an online application in Form IEPF-5. The procedure to file the form can be accessed by clicking here.

 

Further, the claimants may access the Frequently Asked Questions (FAQs) related to filing Form IEPF-5 by clicking here.

Mr. Diwaker Dinesh, Company Secretary is the Nodal Officer of the Company under the IEPF Rules. The said Official of the Company may be contacted at the e-mail ID investorservices@itchotels.com for any query or assistance in this regard.