Abbott India sets July 24 record date for ₹656 dividend
Abbott India Limited announced a record date of July 24, 2026, for a final dividend of ₹525 and a special dividend of ₹131 per share, totaling ₹656 per share. The company outlined TDS regulations under the Income Tax Act, 2025, specifying rates ranging from 0% to 20% based on shareholder residency and PAN status. Shareholders must submit all necessary documentation by July 24, 2026, to facilitate correct tax deduction.

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Abbott India Limited has established July 24, 2026, as the record date for the payment of a final dividend of ₹525 and a special dividend of ₹131 per equity share of ₹10 each for the financial year ended March 31, 2026. The total payout of ₹656 per share is subject to shareholder approval at the Annual General Meeting scheduled for August 13, 2026. The company will pay the dividend on or after August 18, 2026, to members listed on the Register of Members or Beneficial Owners as of the record date.
In compliance with the Income Tax Act, 2025, the company will deduct tax at source (TDS) on the dividend distribution. The applicable TDS rate depends on the residential status and category of the shareholder, as well as the validity of the Permanent Account Number (PAN) submitted. The company will rely on the compliance check utility provided by the Income Tax Department to verify PAN status and determine the appropriate withholding rate.
Resident individual shareholders are exempt from TDS if their total dividend income for the financial year 2026-27 does not exceed ₹10,000. For those exceeding this threshold, a standard TDS rate of 10% applies, provided a valid PAN is registered. Shareholders may submit Form 121 along with a self-attested copy of their PAN to claim nil deduction. In the absence of a valid PAN or if the PAN is inoperative, a higher TDS rate of 20% will be levied.
Non-resident shareholders can benefit from lower tax treaty rates upon submission of specific documents, including a self-attested PAN copy, Tax Residency Certificate (TRC) for FY 2026-27, and electronically generated Form 41. If these documents are not submitted, a TDS rate of 20% plus applicable surcharge and cess will apply. Special provisions exist for Foreign Institutional Investors (FII), Foreign Portfolio Investors (FPI), and Alternative Investment Funds located in International Financial Services Centres, where tax rates may vary between 10% and 20% depending on the category and documentation provided.
Shareholders must update their PAN, bank details, and residential status with their Depository Participant or the Registrar and Transfer Agent by July 24, 2026. All required documents, such as Form 121, TRC, and Form 41, must be uploaded to the KFin Technologies Limited portal by this deadline to ensure the correct tax deduction. The company reserves the right to reject incomplete or discrepant documentation and will not refund taxes deducted based on the information submitted.
Summary of Applicable TDS Rates
| Shareholder Category | TDS Rate | Conditions |
|---|---|---|
| Resident Individuals | Nil | Total dividend ≤ ₹10,000 for FY 2026-27 |
| Resident Individuals | 10% | Valid PAN provided and dividend > ₹10,000 |
| Resident Individuals | 20% | PAN not provided, invalid, or inoperative |
| Non-Residents | Treaty Rate | Based on Double Tax Avoidance Agreement |
| Non-Residents | 20% + surcharge + cess | If required documents are not submitted |
Historical Stock Returns for Abbott
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.56% | -0.57% | -7.10% | -6.65% | -18.06% | +57.82% |
How will this substantial ₹656 per share payout impact Abbott India's free cash flow and capital allocation plans for FY2027?
What signal does the declaration of a special dividend send about the company's future growth prospects and potential reinvestment opportunities?
How might the new Income Tax Act, 2025 compliance requirements affect foreign investor sentiment and trading volumes leading up to the record date?


































