Crisil Limited has fixed July 27, 2026 as the record date to determine shareholder eligibility for its second interim dividend for the financial year ending December 31, 2026. The dividend declaration is contingent upon approval by the Board of Directors during its meeting on July 21, 2026. Upon approval, the payment will be disbursed to eligible shareholders on or before August 5, 2026.

The intimation was formally communicated to the National Stock Exchange of India Ltd and BSE Limited on July 3, 2026. The filing specifies that the purpose of the record date is strictly for the payment of the second interim dividend.

Dividend Details

The following table outlines the key dates and purposes related to the corporate action:

Key Timeline

Shareholders must hold shares in their demat accounts as of the record date to qualify for the dividend. The Board meeting to approve the dividend is set for July 21, 2026. Following this, the company aims to complete the payment process by August 5, 2026.

CRISIL Ltd has secured a favourable order from the Commissioner of Income Tax (Appeals) regarding its Tax Deduction at Source (TDS) obligations for Assessment Year 2014-15. The order, dated June 17, 2026, rules that the company cannot be treated as an assessee in default, as the payments in question are not liable to TDS provisions. This decision is expected to result in a significant financial relief for the credit rating agency.

The litigation pertained to TDS obligations on payments made to non-residents. The Commissioner of Income Tax (Appeals), Mumbai, allowed the appeal, effectively setting aside the previous demand. While there is no immediate impact on the financial, operational, or other activities of the company, the ruling paves the way for a substantial reduction in tax liabilities.

CRISIL stated that it will be filing for Order giving effect with the Assessing Officer. Following this process, the company anticipates a relief of TDS demand, including interest, of INR 40.23 Crores. This amount represents the total disputed liability that has now been quashed by the appellate authority.

Details of the Order

The disclosure was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarizes the key particulars of the litigation and the outcome:

The favourable judgement concludes the dispute regarding the applicability of TDS provisions on the specific payments made during the relevant period. The company confirmed that there are no claims beyond the anticipated relief of the tax demand.