Artemis Medicare Services has fixed Friday, July 10, 2026 as the record date for the payment of a final dividend of Re. 0.45 per equity share for the financial year 2025-26. The dividend, amounting to 45% of the face value of Re. 1 each, was recommended by the Board of Directors on May 8, 2026. The payout is subject to shareholder approval at the upcoming Annual General Meeting (AGM) and will be made within 30 days of the meeting to eligible shareholders.

The company has communicated the applicable provisions of the Income-tax Act, 2025 regarding Tax Deduction at Source (TDS) or withholding tax on the dividend. The company is required to deduct tax at source before payment, with rates varying based on the shareholder's residential status and documentation submitted. Resident shareholders with valid PAN linked to Aadhar face a 10% TDS, while those without valid PAN may be subject to a 20% deduction. Non-resident shareholders face a withholding tax of 20% plus surcharge and cess, unless they opt for benefits under the Double Taxation Avoidance Agreement (DTAA).

Shareholders must submit relevant tax documents to the Registrar and Transfer Agent, Alankit Assignments Limited, by Wednesday, July 15, 2026, to ensure the appropriate tax rate is applied. Documents required for DTAA benefits include a Tax Residency Certificate, Electronic Form 41, and a self-declaration regarding tax residency and beneficial ownership. The company clarified that it is not obligated to apply beneficial DTAA rates if the documentation is incomplete or unsatisfactory.

The 22nd AGM of the company is scheduled for Friday, July 31, 2026. Shareholders whose names appear as beneficial owners or in the register of members as of the close of business hours on July 10, 2026, will be entitled to the dividend. The company emphasized that dividend payments will be made only through electronic mode, and shareholders must ensure their bank account details are updated with their depository participants or the registrar.

Key AGM Dates

Artemis Medicare Services has published the postal ballot notice in newspapers on June 19, 2026, seeking shareholder approval to raise funds aggregating up to ₹700 crore. The company proposes to raise these funds through the issuance of fully paid-up equity shares and other eligible securities, including convertible or non-convertible debentures, in one or more tranches. The proceeds are intended to augment long-term cash resources, fund organic or inorganic growth, and meet working capital requirements.

The Board of Directors approved the proposal at its meeting held on February 2, 2026. The special resolution seeks authorization to issue securities via preferential issue, private placement, or qualified institutions placement (QIP) to eligible investors. The issuance may include a discount of up to 5% on the floor price calculated as per SEBI regulations.

Postal Ballot and E-Voting Schedule

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. The voting period is open to members whose names appear in the Register of Members as on the cut-off date of Friday, June 12, 2026.

Resolution Details

The resolution authorizes the Board to determine the specific terms of the issue, including the timing, price, and investor categories. In the event of a QIP, the allotment must be completed within 365 days from the date of passing the special resolution. The securities issued will rank pari-passu with existing equity shares.

Mr. Ankit Tiwari, Proprietor of Ankit Tiwari & Co., has been appointed as the Scrutinizer to ensure the voting process is conducted fairly. The results will be announced at the Registered Office and subsequently communicated to the stock exchanges.