Aster DM Healthcare Limited has announced an interim dividend of Rs 3.00 per equity share for the financial year 2025-26, as declared by the Board of Directors at their meeting held on March 26, 2026. The company has set April 03, 2026 as the record date for determining shareholders' entitlement to receive the interim dividend.

The healthcare major has issued comprehensive guidelines to shareholders regarding tax deduction at source (TDS) provisions under the Income-tax Act 2025, which came into effect from April 1, 2026, replacing the earlier Income-tax Act 1961.

TDS Provisions for Resident Shareholders

For resident shareholders, the company will deduct tax at source under Section 393(1) of the Act with varying rates based on PAN status and shareholder category:

Shareholders with invalid PAN or PAN not linked with Aadhaar will face higher TDS rates of 20%. However, based on CBDT circular number 9/2025 dated July 21, 2025, shareholders can avoid higher TDS rates if they make their PAN operative through Aadhaar linkage within two months from the dividend payment date.

Exemptions and Special Categories

Certain categories of shareholders can claim TDS exemption by submitting appropriate forms and documentation:

• Individual shareholders can submit Form 121 if their estimated total income is Rs 4,00,000 or less under the new default tax regime
• Insurance companies, mutual funds, and AIFs can claim exemption by providing relevant registration documents and declarations
• Provident funds, superannuation funds, and pension funds with exempt status under Section 11 can avoid TDS with proper documentation

Non-Resident Shareholder Provisions

Non-resident shareholders will be subject to TDS provisions under Section 393(2) of the Act:

To avail benefits under Double Tax Avoidance Agreements (DTAA), non-resident shareholders must provide extensive documentation including PAN details, Tax Residency Certificate for FY 2026-27, self-declaration in Form 41, permanent establishment declaration, and beneficial ownership confirmation.

Important Deadlines and Compliance

The company has set April 06, 2026 as the final deadline for submission of all TDS-related documents and communications. Shareholders are required to submit necessary forms and declarations to avoid higher tax deduction rates.

For shareholders holding shares in electronic form, updates to personal details including PAN and bank information should be made through their Depository Participants. Physical shareholders need to contact the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

Key Compliance Notes

The company reserves the right to deduct tax at maximum applicable rates in cases of incomplete, ambiguous, or conflicting information. Shareholders remain responsible for any income tax demands arising from misrepresentation or omission of information provided to the company.

All relevant forms and detailed guidelines are available on the company's website, and shareholders can submit required documents via email to dividend@asterdmhealthcare.in or through the designated online portal for form submissions.

Aster DM Healthcare Limited has successfully concluded its board meeting and declared an interim dividend of Rs 3 per share for the current financial year 2025-26. The healthcare company's Board of Directors convened as scheduled on Thursday, March 26, 2026, and approved the interim dividend declaration following their earlier announcement to stock exchanges.

Board Meeting Outcome

The company's Board of Directors meeting, which was scheduled in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has resulted in the approval of interim dividend payment to shareholders. The board meeting commenced at 02:00 P.M. (IST) and concluded at 02:15 P.M. (IST), with the primary agenda of considering and approving interim dividend declaration for Financial Year 2025-26.

Dividend Payment Details

Shareholders holding shares on the established record date of Friday, April 3, 2026, will be eligible to receive the interim dividend of Rs 3 per share of Rs 10 each fully paid. The dividend shall be paid to shareholders within 30 days from the date of declaration of the interim dividend, as approved by the Board of Directors.

Tax Deduction at Source Provisions

Pursuant to the Finance Act 2020, dividend income will be taxable in the hands of shareholders with effect from April 1, 2020. The interim dividend declared by the Board of Directors shall be paid after deducting tax at source (TDS) in accordance with the provisions of the Income Tax Act, 1961. Members are requested to submit all requisite documents on or before April 06, 2026, to enable the company to determine the appropriate TDS rates as applicable. A separate communication regarding TDS provisions will be sent to shareholders in due course.

Regulatory Compliance and Communication

The dividend declaration demonstrates Aster DM Healthcare's commitment to maintaining transparency and regulatory compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was processed through proper channels with Company Secretary and Compliance Officer Hemish Purushottam overseeing the submission to both stock exchanges as required under listing regulations.