Bharat Bijlee Limited has communicated the tax deduction at source (TDS) requirements for the dividend of ₹35 per equity share (700%) declared for the financial year 2025-26. The dividend is payable to shareholders whose names appear on the register of members on Wednesday, July 15, 2026, which serves as the record date. The company has specified that all relevant documents and declarations must be submitted by 6:00 P.M. IST on July 15, 2026, to determine the appropriate withholding tax rate. Payments will commence on or after Monday, August 03, 2026.

TDS Rates and Compliance

The company will deduct tax at source based on the shareholder's residential status and documentation. For resident individual shareholders, no tax will be deducted if the aggregate dividend distributed during the financial year does not exceed ₹10,000. Otherwise, a standard rate of 10% applies under Section 393(1) of the Indian Income Tax Act, 2025, provided a valid PAN is on record. Shareholders may submit Form 121 (erstwhile Form 15G/15H) to claim exemption if eligibility conditions are met. A higher rate of 20% will apply if the PAN is invalid, not linked with Aadhaar, or not registered.

Non-Resident Shareholder Requirements

Non-resident shareholders, including Foreign Portfolio Investors, face a withholding tax rate of 20% plus applicable surcharge and cess unless they opt for benefits under the Double Tax Avoidance Agreement (DTAA). To avail of DTAA rates, shareholders must submit a self-attested PAN card, Tax Residency Certificate (TRC), electronically generated Form 41, and a self-declaration confirming DTAA eligibility. Foreign Portfolio Investors must also provide a self-attested copy of their SEBI registration certificate.

Documentation and Deadlines

Shareholders must send self-attested copies of PAN cards, registration certificates, and specific forms such as Form 121 and Form 41 to the company's registered email or its Registrar and Transfer Agent, MUFG Intime India Private Limited. The company reserves the right to reject incomplete documents or those failing to meet legal requirements. Any declaration received after the record date will not be accepted, and tax deducted at a higher rate due to missing or defective documentation will not be refundable by the company, though shareholders may claim a refund while filing income tax returns.

Bharat Bijlee Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with the stock exchanges. The report, which forms an integral part of the Annual Report, outlines the company's performance across environmental, social, and governance dimensions. It highlights a reduction in emission and energy intensities, alongside the implementation of a Zero Liquid Discharge system at its Airoli facility.

Environmental Performance

The company reported a 7.1% reduction in emission intensity per physical output to 0.026 tCO2e/Nos and an 11.1% reduction in emission intensity per turnover to 0.00000040 tCO2e/Rupee in FY 2025-26. Energy intensity per physical output decreased by 3.2% to 184.78 MJ/Nos, while energy intensity per turnover fell by 9.7% to 0.0028 MJ/Rupee.

Water intensity per physical output improved by 6.7% to 0.28 KL/Nos, and water intensity per turnover improved by 14.3% to 0.0000042 KL/Rupee. The company operates a Zero Liquid Discharge mechanism at its Airoli facility, treating and reusing wastewater for non-potable purposes.

Governance and Disclosures

The disclosures were made on a standalone basis. The company stated that assurance was not applicable as per SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42 dated March 28, 2025. The report was submitted in compliance with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Social and Operational Metrics

The company reported a total workforce of 2,113, comprising 738 employees and 1,375 workers. Women accounted for 10.57% of the total employees and 0.58% of the total workers. The company recorded 9,764 customer complaints during the year, with 601 pending resolution at the end of the year.