Ceigall India Limited has recommended a final dividend of ₹0.50 per equity share for FY26. The Board of Directors approved the payout on May 7, 2026, subject to shareholder ratification at the upcoming Annual General Meeting.

The company will pay the dividend to shareholders holding shares as on the record date of September 11, 2026. The 24th AGM is scheduled for Tuesday, September 29, 2026, via video conferencing.

Dividend Taxation Details

Under the Income Tax Act, 2025, Ceigall India must deduct tax at source (TDS) on the final dividend. The withholding rate depends on the shareholder's residential status and submitted documentation.

Resident Shareholders

No tax is deducted for resident individual shareholders if their total dividend income during tax year 2026-27 does not exceed ₹10,000. For other resident shareholders, the standard withholding rate is 10% with a valid PAN updated with the depository participant.

If a valid PAN is not available or updated, the withholding rate rises to 20%. Shareholders may claim nil or lower tax deduction by submitting specific declarations:

• Individuals with dividend income exceeding ₹10,000 must submit Form 121 along with a PAN copy.
• Entities exempt under Section 393(1), such as LIC or GIC, require a self-declaration and registration certificate.
• Category I and II Alternative Investment Funds (AIFs) must provide a self-declaration confirming exemption under Schedule V to Section 11 of the Act.

Non-Resident Shareholders

Non-resident shareholders face varying withholding rates based on their category and treaty benefits:

• Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) are subject to 20% plus applicable surcharge and cess, or the beneficial tax treaty rate.
• Category III AIFs located in International Financial Services Centres face a 10% rate plus surcharge and cess.
• Non-residents from notified jurisdictional areas are taxed at 30%.
• Sovereign wealth funds and pension funds specified under Schedule V to Section 11 are exempt from withholding tax (NIL rate).

To avail beneficial treaty rates, non-residents must submit a digital Form 41, a Tax Residency Certificate for tax year 2026-27, and relevant self-declarations. The company reserves the right to apply the higher statutory rate if documents are incomplete.

Compliance Requirements

Shareholders must ensure their bank account details are updated in demat accounts to receive dividends electronically, as mandated by SEBI regulations. All required tax documents, including Form 121 and Form 41, must be uploaded to the designated portal by Monday, September 21, 2026.

Failure to link PAN with Aadhaar will result in the PAN being deemed invalid, triggering the maximum withholding rate of 20%. The company will issue soft copies of TDS certificates via email after dividend payment.

Ceigall India has received a Letter of Award for a ₹704.70 crore road project in Arunachal Pradesh, specifically identified as a Frontier Highway Project, with a stipulated completion period of 48 months.

Project details

The following table summarises the key parameters of the awarded project:

The project is located in Arunachal Pradesh, a strategically significant region in northeastern India. The designation as a frontier highway project underscores its strategic importance for regional connectivity and infrastructure development. The 48-month execution window reflects the scale and complexity typically associated with road infrastructure development in the region.